Valens Semiconductor (VLN) director share sale tied to RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Valens Semiconductor Ltd. director Yaacobi Tal reported a disposition of shares tied to tax withholding. On the vesting of restricted share units, 3,750 Ordinary Shares were withheld and sold by the company at $1.47 per share to satisfy tax withholding obligations. Following this mechanistic transaction, Tal’s direct holdings stand at 73,648 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,750 shares ($5,513)
Net Sell
1 txn
Insider
Yaacobi Tal
Role
null
Sold
3,750 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,750 | $1.47 | $6K |
Holdings After Transaction:
Ordinary Shares — 73,648 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares sold for tax withholding: 3,750 shares
Sale price per share: $1.47 per share
Shares held after transaction: 73,648 shares
3 metrics
Shares sold for tax withholding
3,750 shares
Ordinary Shares tied to RSU vesting
Sale price per share
$1.47 per share
Tax-related share sale
Shares held after transaction
73,648 shares
Director’s direct holdings post-transaction
Key Terms
restricted share units, tax withholding obligations, Ordinary Shares
3 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
FAQ
What insider transaction did Valens Semiconductor (VLN) disclose for Yaacobi Tal?
Valens Semiconductor disclosed that director Yaacobi Tal had 3,750 Ordinary Shares withheld and sold at $1.47 per share. The sale was to cover tax obligations arising from the vesting of restricted share units, rather than a discretionary open-market trade.
Was the VLN insider transaction by Yaacobi Tal an open-market sale?
The filing lists the transaction under a sale code but footnotes clarify it was for tax withholding. Shares were withheld and sold by Valens Semiconductor to satisfy tax obligations from restricted share unit vesting, not a discretionary open-market sale decision by Tal.