Core Molding (CMT) CEO has 15,772 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORE MOLDING TECHNOLOGIES INC Chief Executive Officer David L. Duvall reported tax-related share dispositions tied to restricted stock vesting. On March 27, 2026, a total of 15,772 shares of common stock were withheld at prices between $18.77 and $20.02 per share to cover tax withholding obligations. These were not open‑market sales. Following the last transaction, Duvall directly holds 136,990 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DUVALL DAVID L.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,595 | $18.77 | $105K |
| Tax Withholding | Common Stock | 1,772 | $18.77 | $33K |
| Tax Withholding | Common Stock | 3,988 | $20.02 | $80K |
| Tax Withholding | Common Stock | 4,417 | $19.15 | $85K |
Holdings After Transaction:
Common Stock — 147,167 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 15,772 shares
First withholding block: 5,595 shares at $18.77
Second withholding block: 1,772 shares at $18.77
+3 more
6 metrics
Tax-withholding shares
15,772 shares
Total restricted stock withheld for taxes on Mar. 27, 2026
First withholding block
5,595 shares at $18.77
Common stock withheld for tax withholding obligation
Second withholding block
1,772 shares at $18.77
Common stock withheld for tax withholding obligation
Third withholding block
3,988 shares at $20.02
Common stock withheld for tax withholding obligation
Fourth withholding block
4,417 shares at $19.15
Common stock withheld for tax withholding obligation
Post-transaction holdings
136,990 shares
CEO David L. Duvall direct ownership after final transaction
Key Terms
restricted stock, tax withholding obligation, Rule 16b-3(e), Form 4
4 terms
restricted stock financial
"Represents shares of restricted stock withheld to satisfy the executive's tax"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligation financial
"withheld to satisfy the executive's tax withholding obligation upon vesting"
Rule 16b-3(e) regulatory
"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did CORE MOLDING TECHNOLOGIES (CMT) report for its CEO?
CORE MOLDING TECHNOLOGIES reported that CEO David L. Duvall had shares withheld to pay taxes on vesting restricted stock. On March 27, 2026, 15,772 common shares were withheld in multiple transactions instead of being sold on the open market.
What does transaction code F mean in the CORE MOLDING TECHNOLOGIES (CMT) Form 4?
Transaction code F on the Form 4 indicates shares were disposed of to pay an exercise price or tax liability. Here, it shows restricted stock withheld by CORE MOLDING TECHNOLOGIES to satisfy CEO David L. Duvall’s tax withholding obligations when his restricted stock vested.