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TTEC (TTEC) CLO reports RSU vesting and tax withholding, no share sales

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TTEC Holdings, Inc. reported a routine compensation-related transaction by Chief Legal & Risk Officer Margaret B. McLean. On May 30, 2026, 9,383 Restricted Stock Units (RSUs) vested into common shares, part of an original grant of 28,150 time-based RSUs awarded on May 30, 2024.

In connection with this vesting, 2,698 common shares were withheld to cover tax obligations at an indicated price of $2.72 per share, and the footnotes state that no shares were sold. After these transactions, McLean directly owns 88,410 shares of TTEC common stock.

Positive

  • None.

Negative

  • None.

Insights

Filing shows routine RSU vesting with tax withholding, not an open-market sale.

Chief Legal & Risk Officer Margaret B. McLean had 9,383 RSUs vest into common stock as part of a 28,150-unit time-based RSU award granted on May 30, 2024. This reflects scheduled equity compensation rather than a discretionary market trade.

To satisfy tax obligations from the vesting, 2,698 shares of common stock were withheld at an indicated value of $2.72 per share. Footnotes clarify that no shares were sold, distinguishing this from an open-market disposition.

Following the net share delivery, McLean directly holds 88,410 common shares. With no remaining derivative positions listed, this filing mainly updates her equity stake and confirms that the activity is compensation- and tax-driven, carrying limited informational value for TTEC equity beyond governance transparency.

Insider McLean Margaret B
Role Chief Legal & Risk Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 9,383 $0.00 --
Exercise Common Stock 9,383 $0.00 --
Tax Withholding Common Stock 2,698 $2.72 $7K
Holdings After Transaction: Restricted Stock Units — 9,383 shares (Direct, null); Common Stock — 88,410 shares (Direct, null)
Footnotes (1)
  1. Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026. The Reporting Person initially received 28,150 time-based RSUs on May 30, 2024. The RSUs vest in three installments of approximately 33% per year beginning on May 30, 2025. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold.
RSUs vested 9,383 units Vesting of RSUs into common stock on May 30, 2026
Shares withheld for taxes 2,698 shares at $2.72 Common shares withheld to satisfy tax obligations on vesting
Post-transaction holdings 88,410 shares Common shares directly owned after reported transactions
Original RSU grant 28,150 RSUs Time-based RSUs granted on May 30, 2024
Restricted Stock Units financial
"The Reporting Person initially received 28,150 time-based RSUs on May 30, 2024."
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.
tax obligations financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs."
withholding of shares financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs."
vesting financial
"Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McLean Margaret B

(Last)(First)(Middle)
100 CONGRESS AVENUE
SUITE 1425

(Street)
AUSTIN TEXAS 78701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TTEC Holdings, Inc. [ TTEC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal & Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)05/30/2026M9,383A$088,410D
Common Stock(2)05/30/2026F2,698D$2.7285,712D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)$005/30/2026M9,383 (1) (1)Common Stock9,383$09,383D
Explanation of Responses:
1. Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026. The Reporting Person initially received 28,150 time-based RSUs on May 30, 2024. The RSUs vest in three installments of approximately 33% per year beginning on May 30, 2025.
2. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold.
/s/ Margaret B. McLean06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TTEC (TTEC) disclose for Margaret B. McLean?

TTEC disclosed that Chief Legal & Risk Officer Margaret B. McLean had 9,383 Restricted Stock Units vest into common stock on May 30, 2026. This vesting is part of a previously granted time-based RSU award and represents routine equity compensation, not an open-market purchase or sale.

Were any TTEC (TTEC) shares sold in Margaret B. McLean’s latest Form 4?

No, the filing states that no shares were sold. Instead, 2,698 common shares were withheld solely to satisfy tax obligations related to the RSU vesting, which is a non-market tax-withholding disposition rather than an open-market sale of TTEC stock.

How many TTEC (TTEC) shares does Margaret B. McLean own after the reported transactions?

After the RSU vesting and related tax withholding, Margaret B. McLean directly owns 88,410 shares of TTEC common stock. This updated figure reflects the new shares delivered from vested RSUs, net of the portion withheld to cover associated tax liabilities.

What RSU grant is referenced in TTEC (TTEC) insider Margaret B. McLean’s Form 4?

The Form 4 references an original grant of 28,150 time-based Restricted Stock Units awarded to Margaret B. McLean on May 30, 2024. These RSUs vest in three installments of approximately 33% per year, beginning on May 30, 2025, with the 2026 vesting now reported.

How are the RSUs for TTEC (TTEC) executive Margaret B. McLean scheduled to vest?

The RSUs granted to Margaret B. McLean vest in three annual installments of approximately 33% each. Vesting began on May 30, 2025, with the May 30, 2026 tranche of 9,383 units now converted into TTEC common stock and partially withheld for taxes.

Does Margaret B. McLean’s Form 4 for TTEC (TTEC) indicate buying or selling in the open market?

The Form 4 does not indicate any open-market buying or selling. It reports RSU vesting and an associated tax-withholding disposition, where 2,698 shares were withheld to cover tax liabilities, while footnotes explicitly state that no shares were sold in the market.