Cambium Networks (CMBM) CEO reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cambium Networks Corp President and CEO Morgan C. S. Kurk reported a small share disposition related to tax withholding. On this Form 4, he transferred 2,109 Ordinary Shares at $1.21 per share to cover tax obligations, a non-open-market transaction coded as a tax-withholding disposition. After this transaction, he directly owned 85,969 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kurk Morgan C S
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 2,109 | $1.21 | $3K |
Holdings After Transaction:
Ordinary Shares — 85,969 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Cambium Networks (CMBM) report in this Form 4?
Cambium Networks reported that President and CEO Morgan C. S. Kurk disposed of 2,109 Ordinary Shares. The transaction was a tax-withholding disposition, meaning shares were delivered to satisfy tax obligations rather than sold on the open market.
Was the Cambium Networks (CMBM) Form 4 transaction an open-market sale by the CEO?
No, the transaction was not an open-market sale. The Form 4 uses code F, described as payment of exercise price or tax liability by delivering securities, indicating a tax-withholding disposition rather than a discretionary sale into the market.
What does transaction code F mean in the Cambium Networks (CMBM) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. For Cambium Networks, it means the CEO used 2,109 Ordinary Shares to cover tax obligations instead of selling those shares in a regular market transaction.