Wise Group CTO sells 42,324 shares to cover taxes
The sale funded statutory tax withholding tied to RSU vesting, while the newly awarded RSUs begin quarterly vesting in January 2027.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wise Group plc Chief Technology Officer Harsh Sinha acquired 105,239 Class A Ordinary Shares on October 15, 2026, through conversion of restricted share units, and was awarded 495,437 additional restricted share units that vest in 16 equal quarterly installments beginning January 15, 2027. On October 16, he sold 42,324 shares at $11.75 per share to cover statutory tax withholding obligations related to vesting; the sale was not discretionary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares F2 | 42,324 | $11.75 | $497K |
| Exercise | Restricted Share Units F1, F3 | 26,310 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F1, F4 | 26,310 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F1, F5 | 26,309 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F1, F6 | 26,310 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Units F1, F7 | 495,437 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Shares F1 | 105,239 | -- | -- |
Footnotes (7)
- F1. Each restricted share unit (RSUs) represents a contingent right to receive one Issuer Class A Ordinary Share or cash.
- F2. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of the Restricted Share Units and does not represent a discretionary sale by the Reporting Person.
- F3. The reporting person was previously granted 52,620 RSUs, which vested on July 15, 2026 and October 15, 2026.
- F4. The reporting person was previously granted 157,859 RSUs, vesting in six equal quarterly installments beginning on July 15, 2026.
- F5. The reporting person was previously granted 263,097 RSUs, vesting in ten equal quarterly installments beginning on July 15, 2026.
- F6. The reporting person was previously granted 368,332 RSUs, vesting in fourteen equal quarterly installments beginning on July 15, 2026.
- F7. The RSUs vest in sixteen equal quarterly installments beginning on January 15, 2027.
Key Figures
Key Terms
statutory tax withholding obligations financial
quarterly installments financial
FAQ
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What RSU award did Harsh Sinha receive and when does it vest?
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