DMC Global (NASDAQ: BOOM) CFO has 2,272 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DMC Global Inc.'s Chief Financial Officer Walter Eric V. reported a routine tax-related share disposition. On the reported date, 2,272 shares of common stock were withheld at a price of $4.73 per share to satisfy tax obligations upon vesting of an equity award. After this withholding, he directly owned 100,030 shares of DMC Global common stock. This was not an open-market sale but an automatic share withholding for taxes tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walter Eric V.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,272 | $4.73 | $11K |
Holdings After Transaction:
Common Stock — 100,030 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DMC Global (BOOM) report for its CFO?
DMC Global’s CFO reported a tax-related share withholding, not an open-market trade. The company withheld 2,272 common shares to cover tax obligations triggered by the vesting of an underlying equity award, leaving him with 100,030 directly owned shares.
Was the DMC Global (BOOM) CFO’s Form 4 transaction a stock sale?
The transaction was not a traditional stock sale. It was a tax-withholding disposition, where 2,272 vested shares were retained by the company at $4.73 per share to satisfy tax obligations associated with equity compensation vesting.
What does a tax-withholding disposition mean for DMC Global (BOOM) insiders?
A tax-withholding disposition means the company withholds some vested shares to pay taxes on equity awards. For the CFO, 2,272 shares were withheld upon vesting, a routine compensation-related event rather than a discretionary market sale of stock.