[Form 4] Information Services Group, Inc. Insider Trading Activity
Michael A. Sherrick, EVP & Chief Financial Officer of Information Services Group, Inc. (III), reported a transaction dated 09/01/2025 in which 7,651 shares of common stock were disposed of (code F) at an effective price of $5.17 per share. The filing explains these shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). After the withholding, Mr. Sherrick beneficially owned 358,727 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/03/2025.
- Clear disclosure that the disposition was a tax-withholding event tied to RSU vesting
- Remaining direct ownership reported as 358,727 shares, providing transparency on insider holdings
- Form filed and signed by an attorney-in-fact, indicating procedural completion of Section 16 reporting
- None.
Insights
TL;DR: Routine RSU tax withholding reduced reported shares by 7,651; remaining direct ownership is 358,727 shares.
The transaction is a non-discretionary, administrative disposition tied to RSU vesting rather than an open-market sale. The reported price of $5.17 reflects the withholding valuation, not necessarily a market sale price. Because this is a withholding to satisfy tax obligations, it does not signal a change in voting control or a deliberate cash liquidity event by the officer. Impact on share count is minor relative to total reported holdings.
TL;DR: This Form 4 documents a standard compliance action for RSU vesting and tax withholding by an insider.
From a governance perspective, the filing fulfills Section 16 reporting requirements and the explanation clearly states the withholding purpose. The signature by an attorney-in-fact is properly indicated. There are no disclosures of new grants, option exercises, or changes in beneficial ownership form beyond the direct holding. This is a routine disclosure with no material governance concerns raised by the document itself.