TTEC (TTEC) executive sees RSUs vest with share withholding for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTEC Holdings, Inc. reported that Christopher (John) Brown, President of TTEC Digital, had a portion of previously granted Restricted Stock Units vest. On May 30, 2026, 8,096 RSUs converted into common stock, and 2,328 shares were withheld to cover tax obligations, with no shares sold in the market.
Following these transactions, Brown directly holds 27,380 shares of common stock and 8,097 RSUs. The vesting relates to a 24,290 time-based RSU grant from May 30, 2024 that vests in three annual installments of approximately 33% beginning May 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,096 shares exercised/converted
Mixed
3 txns
Insider
BROWN CHRISTOPHER (JOHN)
Role
President, TTEC Digital
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,096 | $0.00 | -- |
| Exercise | Common Stock | 8,096 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,328 | $2.72 | $6K |
Holdings After Transaction:
Restricted Stock Units — 8,097 shares (Direct, null);
Common Stock — 29,708 shares (Direct, null)
Footnotes (1)
- Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026. The Reporting Person initially received 24,290 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.
Key Figures
RSUs vested: 8,096 units
Shares withheld for tax: 2,328 shares
Common shares held after: 27,380 shares
+3 more
6 metrics
RSUs vested
8,096 units
Restricted Stock Units converted to common stock on May 30, 2026
Shares withheld for tax
2,328 shares
Withholding to satisfy tax obligations on RSU vesting
Common shares held after
27,380 shares
Direct TTEC common stock ownership following transactions
RSUs held after
8,097 units
Remaining Restricted Stock Units after the vesting event
Original RSU grant
24,290 units
Time-based RSUs granted on May 30, 2024
Vesting schedule
≈33% per year
Three annual installments beginning May 30, 2025
Key Terms
Restricted Stock Units, time-based RSUs, vest in three installments, withholding of shares, +1 more
5 terms
Restricted Stock Units financial
"Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026."
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.
time-based RSUs financial
"The Reporting Person initially received 24,290 time-based RSUs on May 30, 2024."
vest in three installments financial
"The RSUs vest in three installments of approximately 33% per year"
tax obligations financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs."
FAQ
What did TTEC (TTEC) executive Christopher Brown report in this Form 4?
Christopher Brown reported RSU vesting that converted 8,096 Restricted Stock Units into TTEC common shares. A portion of the resulting shares was withheld to satisfy tax obligations, and no open-market share sales occurred in connection with these transactions.
How many TTEC RSUs vested for Christopher Brown on May 30, 2026?
On May 30, 2026, 8,096 Restricted Stock Units vested for Christopher Brown and converted into TTEC common stock. These RSUs are part of a larger time-based grant originally awarded in 2024 with a three-year vesting schedule.
What are Christopher Brown’s TTEC holdings after these Form 4 transactions?
After the reported transactions, Christopher Brown directly holds 27,380 shares of TTEC common stock and 8,097 Restricted Stock Units. These positions reflect the net result of RSU vesting and tax withholding, without any open-market purchases or sales disclosed.
What was the original size and vesting schedule of Brown’s TTEC RSU grant?
Brown initially received 24,290 time-based Restricted Stock Units on May 30, 2024. According to the disclosure, these RSUs vest in three installments of approximately 33% per year, beginning on May 30, 2025, subject to the award’s terms.