Valaris controller reports tax-withheld 260 shares
Valaris Ltd Controller Melissa Barron reported a tax-related share disposition.
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Rhea-AI Filing Summary
Valaris Ltd Controller Melissa Barron reported a tax-related share disposition. On the vesting of equity awards, 260 Common Shares were withheld at a price of $75.35 per share to cover tax withholding obligations. According to the filing, the issuer will pay the taxes in cash to the relevant authority. After this withholding, Barron directly owns 17,742 Common Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 260 | $75.35 | $20K |
Footnotes (1)
- F1. These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.
Key Figures
Key Terms
tax withholding obligations financial
vesting financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Valaris (VAL) Controller Melissa Barron report?
Was Melissa Barron’s Valaris (VAL) transaction an open-market sale?
What does the tax-withholding code F mean in the Valaris (VAL) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.