WhiteFiber (WYFI) CTO disposes shares to cover RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WhiteFiber, Inc. Chief Technology Officer Thomas Sanfilippo reported share dispositions tied to tax withholding on vested equity awards. On May 7, 2026, 955 Ordinary Shares at $21.00 per share were delivered to cover tax liabilities from RSU vesting under the 2025 Omnibus Equity Incentive Plan. A prior tax-withholding disposition on February 10, 2026 involved 1,500 shares at $19.31 per share. After the most recent event, he holds 17,320 Ordinary Shares directly, and the filing notes these were not discretionary market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanfilippo Thomas
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares, $.01 par value | 955 | $21.00 | $20K |
| Tax Withholding | Ordinary Shares, $01 par value | 1,500 | $19.31 | $29K |
Holdings After Transaction:
Ordinary Shares, $.01 par value — 17,320 shares (Direct, null);
Ordinary Shares, $01 par value — 13,863 shares (Direct, null)
Footnotes (1)
- Represents Ordinary Shares sold to pay tax liability upon the vesting of the RSUs on April 31, 2026 and previously reported on February 12, 2026, under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan") pursuant to Rule 16b-3. This does not represent a discretionary transaction by a reporting person. These shares were sold at $21.00, the average sales price on May 7, 2026. These shares were sold at $19.31, the average sales price on February10, 2026.
Key Figures
Tax-withholding shares (May 2026): 955 shares at $21.00/share
Tax-withholding shares (Feb 2026): 1,500 shares at $19.31/share
Total tax-withholding shares: 2,455 shares
+1 more
4 metrics
Tax-withholding shares (May 2026)
955 shares at $21.00/share
Ordinary Shares delivered for tax liability on May 7, 2026
Tax-withholding shares (Feb 2026)
1,500 shares at $19.31/share
Ordinary Shares delivered for tax liability on February 10, 2026
Total tax-withholding shares
2,455 shares
Aggregate shares used for tax withholding across two transactions
Post-transaction holdings
17,320 shares
Ordinary Shares directly held after May 7, 2026 disposition
Key Terms
RSUs, 2025 Omnibus Equity Incentive Plan, Rule 16b-3
3 terms
RSUs financial
"tax liability upon the vesting of the RSUs on April 31, 2026"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2025 Omnibus Equity Incentive Plan financial
"under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan")"
Rule 16b-3 regulatory
"under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan") pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider activity did WhiteFiber (WYFI) report in this Form 4?
WhiteFiber (WYFI) reported its Chief Technology Officer disposed of shares to cover tax liabilities on vested RSUs. The filing shows two tax-withholding transactions rather than discretionary market trades, reflecting routine administration of equity compensation under the company’s 2025 Omnibus Equity Incentive Plan.