TTEC (TTEC) CLO reports RSU vesting and tax withholding, no share sales
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 Trade Summary
| 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 |
Footnotes (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.