Genius Sports (NYSE: GENI) CCO exercises 75,000 RSUs, 35,250 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genius Sports Ltd Chief Commercial Officer Jack Davison exercised 75,000 restricted share units into Ordinary Shares on March 20, 2026. These units represented the right to receive one Ordinary Share each, contingent on continued service through the vesting date. Of the resulting shares, 35,250 Ordinary Shares were withheld at $4.53 per share to cover tax obligations. After these transactions, Davison directly owned 2,029,706 Ordinary Shares, reflecting a routine compensation-related exercise and tax withholding rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
75,000 shares exercised/converted
Mixed
3 txns
Insider
Davison Jack
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (May 2025) | 75,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 75,000 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 35,250 | $4.53 | $160K |
Holdings After Transaction:
Restricted Share Units (May 2025) — 0 shares (Direct);
Ordinary Shares — 2,064,956 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GENI report for Jack Davison?
Genius Sports reported that CCO Jack Davison exercised 75,000 restricted share units into Ordinary Shares. These units converted into an equal number of shares as part of his compensation, contingent on his continued service through the applicable vesting date.
What does the tax-withholding transaction mean in the GENI Form 4?
The Form 4 reports a tax-withholding disposition of 35,250 Ordinary Shares at $4.53 per share. This indicates shares were automatically withheld to pay tax liabilities triggered by vesting or exercise, rather than being sold in the open market.
Is the Jack Davison Form 4 for GENI a routine compensation event?
Yes. The transactions show a derivative exercise of 75,000 restricted share units and associated tax withholding of 35,250 shares. This pattern is typical for equity-based compensation vesting, not a discretionary open-market purchase or sale.