3D Systems (DDD) CFO uses 1,626 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
3D Systems executive Phyllis B. Nordstrom, EVP, CFO and CAO, reported a routine tax-related share disposition. On April 14, she had 1,626 shares of common stock withheld at $1.98 per share to cover tax obligations tied to the vesting of a restricted stock grant originally awarded on April 14, 2023.
After this withholding, she directly holds 793,267 shares of 3D Systems common stock. This transaction reflects tax withholding on equity compensation rather than an open-market sale and leaves her with a substantial remaining equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nordstrom Phyllis B
Role
EVP, CFO and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,626 | $1.98 | $3K |
Holdings After Transaction:
Common Stock — 793,267 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,626 shares
Tax withholding price: $1.98 per share
Shares held after transaction: 793,267 shares
3 metrics
Shares withheld for taxes
1,626 shares
Tax-withholding disposition on April 14, 2026
Tax withholding price
$1.98 per share
Value used for the 1,626 withheld shares
Shares held after transaction
793,267 shares
Direct common stock ownership after withholding
Key Terms
restricted stock, tax withholding obligations, Form 4, tax-withholding disposition
4 terms
restricted stock financial
"with respect to the vesting of a grant of restricted stock originally made on April 14, 2023"
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 obligations financial
"Shares reported were withheld to satisfy tax withholding obligations with respect to the vesting"
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.
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 insider transaction did 3D Systems (DDD) report for Phyllis B. Nordstrom?
3D Systems reported that EVP, CFO and CAO Phyllis B. Nordstrom had 1,626 common shares withheld. The shares covered tax obligations from the vesting of a restricted stock grant originally made on April 14, 2023, rather than representing an open-market sale.
What does the footnote in the 3D Systems (DDD) Form 4 explain about the transaction?
The footnote explains that the reported shares were withheld to satisfy tax withholding obligations. These obligations arose from the vesting of a restricted stock grant originally made on April 14, 2023, clarifying that the disposition is compensation-related rather than a discretionary market trade.