LENSAR (LNSR) COO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LENSAR, Inc. Chief Operating Officer Alan B. Connaughton reported a tax-related share disposition tied to restricted stock units. On this Form 4, 2,392 shares of common stock were withheld by the company at a price of $11.32 per share to satisfy tax withholding obligations when RSUs vested. After this withholding transaction, Connaughton directly owned 357,069 shares of LENSAR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Connaughton Alan B.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,392 | $11.32 | $27K |
Holdings After Transaction:
Common Stock — 357,069 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did LENSAR (LNSR) report for Alan B. Connaughton?
LENSAR reported that Chief Operating Officer Alan B. Connaughton had 2,392 shares of common stock withheld. The shares were used to cover tax withholding obligations arising from the vesting of restricted stock units granted as compensation.
Was the LENSAR (LNSR) Form 4 transaction an open market sale?
No, the Form 4 transaction was not an open market sale. Shares were withheld by LENSAR to satisfy tax withholding obligations related to vesting restricted stock units, a common non-cash method of paying associated taxes for equity awards.
What does transaction code "F" mean on the LENSAR (LNSR) Form 4?
Transaction code "F" indicates a tax-withholding disposition, where shares are delivered or withheld to pay taxes or exercise costs. In this filing, LENSAR withheld shares from Alan B. Connaughton to satisfy tax obligations from vesting restricted stock units.