OSS (OSS) CFO forfeits 7,799 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONE STOP SYSTEMS, INC. Chief Financial Officer Daniel G. Gabel disposed of 7,799 shares of common stock through a tax-withholding forfeiture. The shares were surrendered when 23,761 vested restricted stock units converted into common shares, with the forfeited amount used to cover tax obligations at the market price.
After this tax-withholding disposition, Gabel directly held 155,509 common shares. He also holds 132,762 unvested restricted stock units that remain subject to vesting conditions, meaning additional shares could be delivered to him over time as those units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gabel Daniel G.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,799 | $9.24 | $72K |
Holdings After Transaction:
Common Stock — 155,509 shares (Direct)
Footnotes (1)
- The Reporting Person forfeited 7,799 shares of common stock upon conversion of an aggregate 23,761vested and outstanding restricted stock units into shares of common stock to cover tax withholdings, using the market price of the issuer's common stock at the time of forfeiture. These restricted stock units were part of the grant reported in Table I of the Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 7, 2025. Includes 132,762 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
FAQ
What insider transaction did OSS Chief Financial Officer Daniel G. Gabel report?
Daniel G. Gabel reported a tax-withholding disposition
What restricted stock units does OSS CFO Daniel G. Gabel still hold?
He continues to hold 132,762 unvested restricted stock units
What was the price used for Daniel G. Gabel’s OSS tax-withholding forfeiture?
The forfeited 7,799 shares were valued using the market price