Genius Sports (GENI) CEO gains shares after RSU vesting and taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genius Sports Ltd Chief Executive Officer Mark Locke exercised restricted share units into ordinary shares and had shares withheld for taxes. He converted 120,000 restricted share units, each representing one ordinary share, into 120,000 ordinary shares. To cover tax obligations, 7,800 ordinary shares were withheld at a price of $4.53 per share. After these compensation-related transactions, he directly holds 20,175,216 ordinary shares. The filing characterizes the RSUs as contingent rights that vest based on continued service, and the tax withholding is not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
120,000 shares exercised/converted
Mixed
3 txns
Insider
Locke Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (May 2025) | 120,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 120,000 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 7,800 | $4.53 | $35K |
Holdings After Transaction:
Restricted Share Units (May 2025) — 0 shares (Direct);
Ordinary Shares — 20,183,016 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Genius Sports (GENI) CEO Mark Locke do in this Form 4?
Mark Locke exercised 120,000 restricted share units into ordinary shares and had 7,800 shares withheld to cover tax obligations. These transactions are compensation-related, not open-market trades, and reflect the vesting and settlement of previously granted equity awards.
Were any of the Genius Sports CEO’s transactions open-market buys or sells?
No. The filing shows a derivative exercise of 120,000 restricted share units and a tax-withholding disposition of 7,800 shares at $4.53. The disposition covers tax liability and is not an open-market sale or discretionary trade in Genius Sports shares.
Does this Genius Sports Form 4 indicate remaining derivative awards for the CEO?
The derivative summary section in the data is empty, indicating no remaining derivative positions are shown in this particular filing. The 120,000 restricted share units reported were fully converted into ordinary shares as part of the March 20, 2026 exercise event.