Vontier (VNT) CEO Morelli disposes shares for tax withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vontier Corp director and CEO Mark D. Morelli reported a tax-related share disposition. On this Form 4, he surrendered 14,998 shares of common stock at a price of $40.92 per share to cover taxes associated with equity compensation. After this tax-withholding transaction, he directly owns 546,214 shares of Vontier common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morelli Mark D
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 | 14,998 | $40.92 | $614K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 546,214 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vontier (VNT) report for Mark D. Morelli?
Vontier reported that President and CEO Mark D. Morelli disposed of 14,998 shares of common stock. The transaction was a tax-withholding disposition related to equity compensation, rather than an open-market sale, and was reported on a Form 4 filing.
Was the Vontier (VNT) insider transaction an open-market sale?
No, the transaction was not an open-market sale. It was coded as “F,” indicating shares were disposed of to satisfy a tax liability or exercise price, meaning the shares were surrendered for taxes rather than sold on the open market.
What does transaction code “F” mean in the Vontier (VNT) Form 4 filing?
Transaction code “F” indicates a disposition of shares to pay an exercise price or tax liability. In this Vontier Form 4, it means Mark D. Morelli delivered 14,998 shares to satisfy tax obligations from equity compensation rather than selling shares in the market.