Booz Allen (NYSE: BAH) VP Metzfield reports 174-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Booz Allen Hamilton Holding Corp vice president Dennis Metzfield reported a small tax-related share disposition. On this Form 4, 174 shares of Class A common stock were withheld at $78.03 per share to satisfy tax obligations, rather than sold on the open market.
Following this exemption-eligible transaction under Rule 16b-3, Metzfield directly holds 3,816 shares of Class A common stock, which includes restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Metzfield Dennis
Role
VP, PAO & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 174 | $78.03 | $14K |
Holdings After Transaction:
Class A Common Stock — 3,816 shares (Direct)
Footnotes (1)
- Exempt under Rule 16b-3. Includes restricted stock units.
Key Figures
Tax-withholding shares: 174 shares
Withholding price: $78.03 per share
Shares held after transaction: 3,816 shares
3 metrics
Tax-withholding shares
174 shares
Class A common stock withheld for tax liability
Withholding price
$78.03 per share
Value used for 174-share tax-withholding disposition
Shares held after transaction
3,816 shares
Direct Class A common stock holdings including RSUs
Key Terms
restricted stock units, Rule 16b-3, tax-withholding disposition
3 terms
restricted stock units financial
"Includes 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.
Rule 16b-3 regulatory
"Exempt under 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.
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 Booz Allen (BAH) executive Dennis Metzfield report on this Form 4?
Dennis Metzfield reported a tax-related share disposition involving 174 shares of Booz Allen Class A common stock. The shares were withheld to cover obligations, not sold on the open market, and the transaction was reported as exempt under Rule 16b-3.
Was this Booz Allen (BAH) insider transaction an open-market sale?
No. The Form 4 identifies the transaction as a tax-withholding disposition coded “F,” meaning shares were delivered to satisfy tax liability. This differs from an open-market sale and is typically a routine administrative event tied to equity compensation.
What does Rule 16b-3 mean in the Booz Allen (BAH) Form 4 filing?
The filing states the transaction is exempt under Rule 16b-3. This SEC rule provides exemptions for certain insider transactions related to employee benefit and compensation plans, such as share withholdings for taxes on stock awards or option exercises.