CORE MOLDING (NYSE: CMT) EVP has 812 vested shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORE MOLDING TECHNOLOGIES INC executive Stephanie Pulliam, EVP of Human Resources, reported share dispositions tied to tax withholding rather than open-market sales. A total of 812 shares of common stock were withheld on restricted stock vesting to cover tax obligations, leaving her with 18,333 shares held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pulliam Stephanie
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 199 | $18.77 | $4K |
| Tax Withholding | Common Stock | 613 | $19.15 | $12K |
Holdings After Transaction:
Common Stock — 18,946 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 812 shares
First withholding lot price: $18.77 per share
Second withholding lot price: $19.15 per share
+3 more
6 metrics
Shares withheld for taxes
812 shares
Restricted stock tax-withholding dispositions
First withholding lot price
$18.77 per share
199 shares withheld for taxes
Second withholding lot price
$19.15 per share
613 shares withheld for taxes
Shares held after transactions
18,333 shares
Direct ownership following tax-withholding dispositions
First withholding shares
199 shares
Common stock withheld on 2026-03-27
Second withholding shares
613 shares
Common stock withheld on 2026-03-27
Key Terms
restricted stock, tax withholding obligation, Rule 16b-3(e), tax-withholding disposition
4 terms
restricted stock financial
"Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation"
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 of restricted stock"
Rule 16b-3(e) regulatory
"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)."
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 CORE MOLDING TECHNOLOGIES (CMT) executive Stephanie Pulliam report in this Form 4?
She reported dispositions of common stock tied to tax withholding, not market sales. In total, 812 restricted shares were withheld upon vesting to satisfy tax obligations, a routine administrative event rather than a discretionary buy or sell decision.
Were the CORE MOLDING TECHNOLOGIES (CMT) transactions open-market sales by the executive?
No, the Form 4 specifies that the transactions were tax-withholding dispositions. Shares of restricted stock were withheld to satisfy the executive’s tax withholding obligation upon vesting, and the deemed disposition is exempt under Rule 16b-3(e), not an open-market sale.
What does Rule 16b-3(e) mean in the context of this CORE MOLDING TECHNOLOGIES (CMT) Form 4?
Rule 16b-3(e) provides an exemption for certain insider transactions under equity compensation plans. Here, it applies to the deemed disposition of withheld restricted shares used to satisfy tax obligations on vesting, classifying the event as an exempt, routine administrative transaction.