VYNE Therapeutics (VYNE) CSO reports 2,370-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VYNE Therapeutics’ Chief Scientific Officer Stuart Iain had 2,370 shares of Common Stock withheld by the company to cover taxes related to vesting restricted stock units. The shares were valued at $0.6507 each in this tax-withholding disposition.
After this routine, non-market transaction, Iain directly holds 111,349 shares of VYNE Therapeutics Common Stock. The filing reflects compensation-related share withholding rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stuart Iain
Role
CHIEF SCIENTIFIC OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,370 | $0.6507 | $2K |
Holdings After Transaction:
Common Stock — 111,349 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,370 shares
Withholding price per share: $0.6507 per share
Shares held after transaction: 111,349 shares
3 metrics
Shares withheld for taxes
2,370 shares
Tax-withholding disposition on restricted stock unit vesting
Withholding price per share
$0.6507 per share
Value applied to withheld VYNE Common Stock
Shares held after transaction
111,349 shares
Direct holdings of VYNE Common Stock following tax withholding
Key Terms
restricted stock units, tax withholding requirements, Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding requirements financial
"withheld by the Issuer to satisfy tax withholding requirements"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did VYNE (VYNE) officer Stuart Iain report in this Form 4 filing?
Stuart Iain reported a tax-related share disposition, where 2,370 VYNE Common Stock shares were withheld by the company. This occurred in connection with the vesting of restricted stock units and reflects compensation-related tax withholding rather than an open-market trade.
What does the tax-withholding code F mean in the VYNE (VYNE) Form 4?
Code F indicates a tax-withholding disposition, where shares are delivered to the issuer to pay taxes or exercise costs. In this case, 2,370 VYNE shares were withheld to satisfy tax withholding requirements on vesting restricted stock units awarded to the executive.