DocGo (DCGO) CEO Bienstock has 18,811 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DocGo Inc. Chief Executive Officer Lee Bienstock reported a tax-withholding disposition of 18,811 shares of Common Stock. The shares were withheld at $0.57 per share to satisfy taxes due on previously granted restricted stock units (RSUs), rather than sold in the open market.
Following this transaction, Bienstock directly holds 2,817,470 shares of DocGo Common Stock. The withheld shares relate to RSUs granted under DocGo’s 2021 Stock Incentive Plan, which deliver one share of Common Stock per RSU when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bienstock Lee
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 18,811 | $0.57 | $11K |
Holdings After Transaction:
Common Stock — 2,817,470 shares (Direct)
Footnotes (1)
- The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan"). This amount reflects: (i) 402,745 RSUs granted pursuant to the Plan that will vest in three equal annual installments on each of December 12, 2026, December 12, 2027 and December 12, 2028; (ii) 60,975 RSUs granted pursuant to the Plan that will vest in two equal annual installments on each of May 12, 2026 and May 12, 2027; (iii) 570,402 RSUs granted pursuant to the Plan that will vest in two equal annual installments on each of December 12, 2026 and December 12, 2027; and (iv) 1,113,495 RSUs that will vest in four equal annual installments on each of the first four anniversaries of December 12, 2025. Each RSU represents the right to receive, upon vesting, one share of Common Stock, subject to the terms of the Plan.
Key Figures
Shares withheld for taxes: 18,811 shares
Withholding price: $0.57 per share
Shares held after transaction: 2,817,470 shares
+4 more
7 metrics
Shares withheld for taxes
18,811 shares
Common Stock withheld in tax-withholding disposition at $0.57 per share
Withholding price
$0.57 per share
Price used for 18,811 withheld DocGo Common Stock shares
Shares held after transaction
2,817,470 shares
DocGo Common Stock directly held by CEO Lee Bienstock after withholding
RSUs vesting 2026–2028 (grant 1)
402,745 RSUs
Vest in three equal annual installments on December 12, 2026–2028
RSUs vesting 2026–2027 (grant 2)
60,975 RSUs
Vest in two equal annual installments on May 12, 2026 and 2027
RSUs vesting 2026–2027 (grant 3)
570,402 RSUs
Vest in two equal annual installments on December 12, 2026 and 2027
RSUs vesting 2026–2029 (grant 4)
1,113,495 RSUs
Vest in four equal annual installments on first four anniversaries of December 12, 2025
Key Terms
restricted stock units ("RSUs"), tax liability, 2021 Stock Incentive Plan, vesting
4 terms
restricted stock units ("RSUs") financial
"The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax liability financial
"The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability."
2021 Stock Incentive Plan financial
"The RSUs were granted to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan")."
vesting financial
"will vest in three equal annual installments on each of December 12, 2026, December 12, 2027 and December 12, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did DocGo (DCGO) CEO Lee Bienstock report in this Form 4?
Lee Bienstock reported a tax-withholding disposition of 18,811 DocGo Common Stock shares. The shares were withheld at $0.57 each to cover tax obligations on vested RSUs granted under DocGo’s 2021 Stock Incentive Plan, not sold on the open market.
Was the DocGo (DCGO) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition coded “F,” meaning 18,811 shares were withheld by DocGo to cover Lee Bienstock’s tax liability arising from RSU vesting, rather than actively sold into the market.
What RSU awards are outstanding for DocGo (DCGO) CEO Lee Bienstock?
Lee Bienstock has multiple RSU grants outstanding, including 402,745 RSUs vesting annually from December 12, 2026 to 2028 and 1,113,495 RSUs vesting annually on the first four anniversaries of December 12, 2025, each convertible into one DocGo Common Stock share upon vesting.
Under which plan were the DocGo (DCGO) CEO’s RSUs granted?
The restricted stock units were granted under DocGo’s 2021 Stock Incentive Plan. This plan provides equity-based compensation, and each RSU represents the right to receive one share of DocGo Common Stock upon vesting, subject to the plan’s terms and individual award conditions.