DMC Global (BOOM) officer nets shares after 3,541 RSUs vest and tax withholding
Rhea-AI Filing Summary
DMC Global Inc. executive Ian Grieves reported routine equity compensation activity. On March 14, 2026, he exercised 3,541 Restricted Stock Units, receiving the same number of common shares. Each RSU converts into one share of DMC Global common stock.
To cover tax obligations at vesting, 1,569 common shares were withheld at a price of $4.73 per share, leaving a net 1,972 shares added to his direct holdings. Following these transactions, Grieves directly owns 81,708 shares of DMC Global common stock. All RSUs from the referenced 2023 grant have now vested.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; minimal valuation signal.
Officer Ian Grieves converted 3,541 Restricted Stock Units into common stock as part of a pre-existing 2023 equity grant. This is standard compensation rather than an open-market trade, so it mainly reflects how his pay is structured.
Of the vested shares, 1,569 were withheld at $4.73 per share to satisfy tax obligations, leaving 1,972 shares added to his direct position for a post-transaction total of 81,708 shares. The absence of remaining derivative positions from this grant and the modest scale versus his holdings suggest a routine event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,541 | $0.00 | -- |
| Exercise | Common Stock | 3,541 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,569 | $4.73 | $7K |
Footnotes (1)
- Represents withholding of shares to satisfy tax obligations upon the vesting of the underlying award. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the common stock of the Issuer. On March 14, 2023, 10,623 Restricted Stock Units ("RSUs") were granted to the reporting person and 3,541 RSUs vested on March 14, 2024, 3,541, RSUs vested on March 14, 2025, and the remaining 3,541 RSUs vested on March 14, 2026.