Tyson Foods COO shares withheld for tax obligations
Tyson Foods Chief Operating Officer Devin Cole reported several administrative share movements rather than open-market trades.
Rhea-AI Filing Summary
Tyson Foods Chief Operating Officer Devin Cole reported several administrative share movements rather than open-market trades. On May 9–10, 2026, a total of 11,291 Class A shares were withheld at $68.38 per share to cover tax obligations on vested restricted stock and restricted stock units previously reported as beneficially owned.
The filing also shows a December 23, 2025 restructuring in which 24,923 Class A shares were transferred from Cole’s direct "street" account into a trust account, changing their classification from direct to indirect ownership. Separately, 1,645.83 additional shares were acquired through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
COLE DEVIN
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 7,510 | $68.38 | $514K |
| Exercise Price or Tax Liability | Class A Common Stock | 3,015 | $68.38 | $206K |
| Exercise Price or Tax Liability | Class A Common Stock | 766 | $68.38 | $52K |
| Other | Class A Common Stock | 24,923 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 87,448.566 shares (Direct);
Class A Common Stock — 24,923 shares (Indirect, Trust account)
Footnotes (5)
- F1. The Reporting Person transferred 24,923 shares from his street account into a trust account thereby changing the ownership of the Class A Common Stock from direct to indirect. Such transfers are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-13.
- F2. On May 9, 2026, 1,872.255 shares of restricted stock units of Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement, 766 shares were withheld by the Issuer to satisfy tax withholding obligations.
- F3. On May 10, 2026, 22,434.577 shares of restricted Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement, 7,510 shares were withheld by the Issuer to satisfy tax withholding obligations.
- F4. On May 10, 2026, 6,969.675 shares of restricted Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement, 3,015 shares were withheld by the Issuer to satisfy tax withholding obligations.
- F5. Includes 1,645.83 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11.
Key Figures
Tax-withheld shares: 11,291 shares
Withholding price: $68.38/share
Restructured shares: 24,923 shares
+5 more
8 metrics
Tax-withheld shares
11,291 shares
Total F-code tax-withholding dispositions reported
Withholding price
$68.38/share
Price for all F-code Class A tax withholdings
Restructured shares
24,923 shares
Transferred from direct account into trust account
May 9, 2026 tax withholding
766 shares
Withheld from 1,872.255 vested RSUs
May 10, 2026 tax withholding (award 1)
7,510 shares
Withheld from 22,434.577 vested restricted shares
May 10, 2026 tax withholding (award 2)
3,015 shares
Withheld from 6,969.675 vested restricted shares
Dividend reinvestment shares
1,645.83 shares
Received via dividend reinvestment plan since prior filing
Direct holdings after restructuring entry
97,093.736 shares
Total Class A shares directly owned after J-code entry
Key Terms
tax withholding obligations, restricted stock units, restricted Class A Common Stock, dividend reinvestment plan, +2 more
6 terms
tax withholding obligations financial
"766 shares were withheld by the Issuer to satisfy tax withholding obligations."
restricted stock units financial
"On May 9, 2026, 1,872.255 shares of restricted stock units of Class A Common Stock vested."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
restricted Class A Common Stock financial
"On May 10, 2026, 22,434.577 shares of restricted Class A Common Stock vested."
dividend reinvestment plan financial
"Includes 1,645.83 shares ... received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-13 regulatory
"Such transfers are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-13."
trust account financial
"transferred 24,923 shares from his street account into a trust account thereby changing the ownership"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Tyson Foods (TSN) COO Devin Cole report?
Devin Cole reported tax-related share withholdings and an ownership reclassification, not open-market trades. The company withheld 11,291 Class A shares to cover taxes on vested equity, and 24,923 shares were moved from direct ownership into a trust account.
Were Devin Cole’s Tyson Foods (TSN) Form 4 transactions open-market sales?
The transactions were not open-market sales. They were mainly tax-withholding dispositions, where shares are withheld by the issuer to pay tax on vested awards, plus a transfer of 24,923 shares into a trust account changing ownership form, not economic exposure.
Did Devin Cole increase his Tyson Foods (TSN) holdings through dividends?
Yes. The filing notes that 1,645.83 Class A shares were received through Tyson Foods’ dividend reinvestment plan. These dividend-related acquisitions are exempt from concurrent Section 16 reporting requirements under Rule 16a-11 and add to Cole’s previously reported beneficial ownership.
How do the restricted stock and RSU vestings affect Devin Cole’s Tyson Foods (TSN) position?
Restricted stock units and restricted Class A shares vested on May 9–10, 2026, increasing Cole’s owned shares before tax. However, 11,291 shares from these vestings were withheld by Tyson Foods to satisfy tax obligations, leaving him with net additional stock exposure after withholdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
