TTEC Insider Vesting: 21,477 Shares Issued, 6,465 Withheld
Rhea-AI Filing Summary
Insider vesting and tax-withholding reported for TTEC (TTEC). The reporting person, David J. Seybold, shows vesting of 21,477 restricted stock units (RSUs) on 10/04/2025, which converted into 21,477 shares of common stock with a zero per-share acquisition price. To satisfy tax obligations, 6,465 shares were withheld at an effective price of $3.59 per share, leaving 40,527 shares beneficially owned after the transactions. No open-market sale occurred; the report was filed by an attorney-in-fact on 10/06/2025.
Positive
- None.
Negative
- None.
Insights
Vesting signals routine executive compensation delivery; no sales reported.
The filing documents the scheduled vesting of 21,477 time-based RSUs that became common shares on 10/04/2025, consistent with a one-year cliff and annual 50% installments originally granted on 10/04/2024. The conversion at $0 reflects grant vesting rather than a purchase.
The reporting also shows 6,465 shares withheld to meet tax obligations, reducing net share count to 40,527. Monitor subsequent Form 4s for any open-market sales or additional withholding events within the next 12 months.
Tax withholding on vesting reduced the net increase; no cash proceeds were generated.
The RSU grant originally totaled 42,955 units with vesting in two equal installments; the first installment of 21,477 vested on 10/04/2025. Withholding of 6,465 shares at an effective rate of $3.59 per share satisfied tax obligations rather than selling shares in the market.
This is a standard compensation settlement; important near-term items to watch include the second 50% vesting date around 10/04/2026 and any policy-driven withholding changes reported in future filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,477 | $0.00 | -- |
| Exercise | Common Stock | 21,477 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,465 | $3.59 | $23K |
Footnotes (1)
- Reflects vesting of Restricted Stock Units ("RSUs") on October 4, 2025 The Reporting Person initially received 42,955 time-based RSUs on October 4, 2024. The RSUs vest in two installments of 50% per year beginning on October 4, 2025. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold.