Vontier (VNT) accounting chief disposes shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vontier Corp executive reports tax-withholding share disposition. VP and Chief Accounting Officer Paul V. Shimp disposed of 1,184 shares of common stock on a tax-withholding basis at $40.92 per share. After this non-open-market transaction, he directly holds 27,849 shares of Vontier common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shimp Paul V.
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 | 1,184 | $40.92 | $48K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 27,849 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vontier (VNT) report for Paul V. Shimp?
Vontier reported that Paul V. Shimp disposed of 1,184 shares of common stock. The transaction was a tax-withholding disposition rather than an open-market trade, reflecting shares withheld to satisfy tax obligations on underlying equity compensation.
Was the Vontier (VNT) insider transaction an open-market sale?
No, the transaction was coded “F,” indicating a tax-withholding disposition. Shares were delivered to cover exercise price or tax liability, so it does not represent a discretionary open-market sale of Vontier common stock by the executive.
What does transaction code "F" mean in the Vontier (VNT) Form 4?
Transaction code “F” means shares were used to pay an exercise price or tax liability. In this case, Vontier’s Form 4 shows a tax-withholding disposition, where shares are withheld rather than sold in the open market for cash proceeds.