INSEEGO (INSG) CAO has 1,462 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSEEGO CORP. Chief Accounting Officer James Paul McClaskey reported routine tax-related share dispositions tied to restricted stock unit vesting. On April 15, 2026, a total of 1,462 shares of common stock were withheld at $14.14 per share to satisfy tax liabilities on RSU awards granted on July 30, 2024 and December 24, 2025. These F-code transactions reflect shares delivered back to the issuer for taxes rather than open-market sales. After these withholdings, McClaskey directly held 40,561 shares of INSEEGO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClaskey James Paul
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,061 | $14.14 | $15K |
| Tax Withholding | Common Stock | 401 | $14.14 | $6K |
Holdings After Transaction:
Common Stock — 40,962 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units (RSUs) granted on 7/30/2024. The RSU grant was previously reported in Table I of the reporting person's Form 3 filed on 10/2/2024. The vesting schedule for the award was subsequently modified from an initial structure of monthly vesting over four years (with one-fourth vesting on the first anniversary of the grant date and 1/48th vesting monthly thereafter) to a quarterly vesting schedule, including a 7.5% acceleration of vesting. Represents shares withheld to cover payment of the tax liabilities of the reporting person related to the vesting of shares from a restricted stock unit (RSU) award that was granted on 12/24/2025. The grant of the RSU was previously reported in Table I of reporting person's Form 4 filed on 12/29/2025.The vesting schedule for the award was subsequently modified from an initial structure of monthly vesting over four years (with one-fourth vesting on the first anniversary of the grant date and 1/48th vesting monthly thereafter) to a quarterly vesting schedule, including a 7.5% acceleration of vesting.
Key Figures
Shares withheld for taxes: 1,462 shares
First tax-withholding lot: 1,061 shares at $14.14/share
Second tax-withholding lot: 401 shares at $14.14/share
+4 more
7 metrics
Shares withheld for taxes
1,462 shares
Tax-withholding dispositions on April 15, 2026
First tax-withholding lot
1,061 shares at $14.14/share
Common Stock withheld for RSU vesting taxes
Second tax-withholding lot
401 shares at $14.14/share
Common Stock withheld for RSU vesting taxes
Post-transaction holdings
40,561 shares
Common Stock directly held after April 15, 2026
RSU grant date 1
July 30, 2024
Original grant date for one RSU award
RSU grant date 2
December 24, 2025
Original grant date for second RSU award
Vesting acceleration
7.5%
Acceleration applied to modified RSU vesting schedules
Key Terms
restricted stock units (RSUs), vesting schedule, quarterly vesting schedule, tax withholding obligations, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting schedule financial
"The vesting schedule for the award was subsequently modified from an initial structure of monthly vesting over four years"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
quarterly vesting schedule financial
"to a quarterly vesting schedule, including a 7.5% acceleration of vesting"
tax withholding obligations financial
"Represents shares withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units"
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 INSG Chief Accounting Officer report?
INSEEGO CORP. Chief Accounting Officer James Paul McClaskey reported tax-related share withholdings. A total of 1,462 common shares were surrendered on April 15, 2026 to cover tax obligations from vesting restricted stock units, rather than being sold on the open market.
What RSU grants were involved in James McClaskey’s INSG Form 4?
The tax-withholding dispositions related to RSU grants dated July 30, 2024 and December 24, 2025. Both awards had their vesting schedules changed from monthly over four years to a quarterly vesting structure that included a 7.5% acceleration of vesting.
Why were James McClaskey’s INSG RSU vesting schedules modified?
The RSU awards originally vested monthly over four years but were later changed to a quarterly vesting schedule. The modification included a 7.5% acceleration of vesting, which influenced the timing and amount of shares vesting and therefore the related tax-withholding share dispositions.