Oramed (NASDAQ: ORMP) CSO uses 435,084 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ORAMED PHARMACEUTICALS INC. Chief Scientific Officer Miriam Kidron reported a tax-related share disposition tied to equity compensation. A total of 435,084 shares of common stock were used to satisfy tax withholding obligations from the vesting and settlement of Restricted Stock Units. These shares were valued at $3.31 per share, based on the closing price immediately before the vesting date. Following this tax-withholding disposition, Kidron directly holds 1,133,138 shares of Oramed common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kidron Miriam
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 435,084 | $3.31 | $1.44M |
Holdings After Transaction:
Common Stock — 1,133,138 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 435,084 shares
Valuation price: $3.31 per share
Shares held after transaction: 1,133,138 shares
3 metrics
Tax-withholding shares
435,084 shares
Common stock used to satisfy tax withholding obligations
Valuation price
$3.31 per share
Closing price immediately before RSU vesting date
Shares held after transaction
1,133,138 shares
Direct common stock holdings following the reported disposition
Key Terms
Restricted Stock Units, tax withholding obligations, closing price, Common Stock
4 terms
Restricted Stock Units financial
"attributable to the vesting and settlement of Restricted Stock Units, which were valued"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"used to satisfy tax withholding obligations attributable to the vesting and settlement"
closing price financial
"valued at the closing price of the Issuer's Common Stock on the date immediately prior"
Common Stock financial
"Represents shares of common stock, par value $0.012 per share ("Common Stock"), of the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ORMP executive Miriam Kidron report on this Form 4?
Miriam Kidron reported a tax-withholding disposition of 435,084 Oramed common shares. The shares were used to cover tax obligations from vesting Restricted Stock Units and were not an open-market sale, according to the transaction code and footnote description.