TTEC Holdings (TTEC) CFO exercises 12,064 RSUs, withholds 4,611 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTEC Holdings, Inc. chief financial officer Kenneth R. Wagers III reported routine equity compensation activity. On May 30, 2026, 12,064 Restricted Stock Units vested and were exercised into common shares, as part of a three-year RSU grant awarded in May 2025. To cover tax obligations from this vesting, 4,611 common shares were withheld, and the filing states that no shares were sold on the market. After these transactions, Wagers directly owned 130,360 shares of TTEC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,064 shares exercised/converted
Mixed
3 txns
Insider
Wagers Kenneth R III
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,064 | $0.00 | -- |
| Exercise | Common Stock | 12,064 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,611 | $2.72 | $13K |
Holdings After Transaction:
Restricted Stock Units — 12,064 shares (Direct, null);
Common Stock — 130,360 shares (Direct, null)
Footnotes (1)
- Reflects vesting of Restricted Stock Units ("RSUs") on May 30, 2026. The Reporting Person initially received 36,193 time-based RSUs on May 5, 2025. The RSUs vest in three installments: (1) 12,065 RSUs will vest on May 30, 2025; (2) 12,064 RSUs will vest on May 30, 2026; and (3) 12,064 RSUs will vest on May 30, 2027. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold.
Key Figures
RSUs vested and exercised: 12,064 units
Shares withheld for taxes: 4,611 shares
Post-transaction holdings: 130,360 shares
+2 more
5 metrics
RSUs vested and exercised
12,064 units
Restricted Stock Units vesting on May 30, 2026
Shares withheld for taxes
4,611 shares
Common shares withheld to satisfy tax obligations
Post-transaction holdings
130,360 shares
Common stock directly owned after transactions
RSU grant size
36,193 units
Time-based RSUs granted on May 5, 2025
RSU vesting schedule
3 installments
Vesting on May 30, 2025, 2026 and 2027
Key Terms
Restricted Stock Units, RSUs, tax obligations, derivative exercise/conversion
4 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.
RSUs financial
"The Reporting Person initially received 36,193 time-based RSUs on May 5, 2025."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax obligations financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did TTEC (TTEC) CFO Kenneth Wagers report in this Form 4?
TTEC CFO Kenneth Wagers reported vesting and exercise of 12,064 Restricted Stock Units on May 30, 2026, and related tax withholding in shares. These transactions reflect routine equity compensation rather than open-market buying or selling activity.
What RSU grant is involved in this TTEC (TTEC) Form 4 filing?
The filing involves a time-based RSU grant of 36,193 units awarded on May 5, 2025. These RSUs vest in three installments across May 30, 2025, May 30, 2026, and May 30, 2027, with the 12,064 units vesting in 2026 reported here.