Rockwell Medical (RMTI) COO has shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROCKWELL MEDICAL, INC. Chief Operating Officer Heather Hunter reported a routine tax-related share disposition. On the vesting of restricted stock units, 2,444 shares of common stock were withheld at $0.90 per share to cover estimated tax obligations. After this withholding, she held 130,079 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hunter Heather
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,444 | $0.90 | $2K |
Holdings After Transaction:
Common Stock — 130,079 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ROCKWELL MEDICAL (RMTI) report for Heather Hunter?
Heather Hunter, Chief Operating Officer of ROCKWELL MEDICAL, reported a tax-related share disposition. On restricted stock unit vesting, 2,444 common shares were withheld at $0.90 each to cover estimated tax obligations, leaving her with 130,079 common shares held directly afterward.
Was the ROCKWELL MEDICAL (RMTI) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows 2,444 shares of common stock were withheld to satisfy estimated tax withholding obligations tied to restricted stock unit vesting, rather than being sold in the open market for discretionary liquidity.
What does transaction code F mean in the ROCKWELL MEDICAL (RMTI) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this ROCKWELL MEDICAL filing, 2,444 common shares were withheld to cover estimated tax obligations related to restricted stock unit vesting, rather than representing a voluntary market purchase or sale.