TTEC Holdings (NASDAQ: TTEC) CLO reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
TTEC Holdings, Inc. reported that Chief Legal & Risk Officer Margaret B. McLean had 844 Restricted Stock Units vest and convert into an equal number of common shares on July 1, 2026, with 243 of those shares withheld at $2.10 per share to satisfy tax obligations. The company notes that no shares were sold in the open market, and she now holds 86,313 shares of common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 844 | $0.00 | $0.00 |
| Exercise | Common Stock | 844 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 243 | $2.10 | $510.30 |
Footnotes (2)
- F1. Reflects vesting of Restricted Stock Units ("RSUs") on July 1, 2026. The Reporting Person initially received 3,373 time-based RSUs on July 1, 2022. The RSUs vest in four installments of approximately 25% per year beginning on July 1, 2023.
- F2. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold
Key Figures
Key Terms
Restricted Stock Units financial
time-based RSUs financial
tax obligations financial
FAQ
What insider equity transaction did TTEC (TTEC) report for Margaret B. McLean?
TTEC reported that Chief Legal & Risk Officer Margaret B. McLean had 844 Restricted Stock Units vest and convert into common stock on July 1, 2026, with a portion of the resulting shares withheld to cover tax obligations rather than sold in the open market.
What was the origin and vesting schedule of the RSUs reported by TTEC (TTEC)?
The filing notes that McLean initially received 3,373 time-based RSUs on July 1, 2022. These RSUs vest in four installments of approximately 25% per year, beginning on July 1, 2023, with the July 1, 2026 event reflecting one such vesting tranche.
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