Shimmick (SHIM) COO RSUs vest with 8,463 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shimmick Corp Chief Operating Officer Sarah Beth Tacker reported routine equity compensation activity. On May 29, 2026, 26,596 Restricted Stock Units (RSUs) granted on April 29, 2026 fully vested and converted into 26,596 shares of common stock on a one-for-one basis.
To cover taxes due at vesting, 8,463 shares were disposed of through a tax-withholding transaction at $3.54 per share, rather than an open-market sale. After these transactions, Tacker directly holds 18,133 shares of Shimmick common stock, and 88,652 RSUs remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,596 shares exercised/converted
Mixed
3 txns
Insider
Tacker Sarah Beth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,596 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 26,596 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 8,463 | $3.54 | $30K |
Holdings After Transaction:
Restricted Stock Units — 88,652 shares (Direct, null);
Common Stock, par value $0.01 per share — 26,596 shares (Direct, null)
Footnotes (1)
- RSUs convert into common stock on a one-for-one basis. Represents shares withheld by the Company to pay taxes due following the vesting of previously granted Restricted Stock Units. On April 29, 2026, the Reporting Person was granted 26,596 RSUs which vested in full and settled into shares of common stock on May 29, 2026.
Key Figures
RSUs vested and converted: 26,596 shares
Shares withheld for taxes: 8,463 shares
Tax-withholding price: $3.54 per share
+2 more
5 metrics
RSUs vested and converted
26,596 shares
RSUs granted April 29, 2026; vested May 29, 2026
Shares withheld for taxes
8,463 shares
Tax-withholding disposition at $3.54 per share
Tax-withholding price
$3.54 per share
Value used for 8,463-share tax-withholding transaction
Shares held after transaction
18,133 shares
Common stock directly owned following Form 4 transactions
RSUs remaining outstanding
88,652 RSUs
Restricted Stock Units outstanding after reported exercise
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security
3 terms
Restricted Stock Units financial
"The security title includes Restricted Stock Units that convert into common stock."
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 disposition financial
"Represents shares withheld by the Company to pay taxes due at vesting."
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.
derivative security financial
"Exercise or conversion of derivative security is cited in the transaction description."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Shimmick Corp (SHIM) report for Sarah Beth Tacker?
Shimmick Corp reported that COO Sarah Beth Tacker had 26,596 RSUs vest and convert into common stock, with 8,463 shares withheld to pay taxes. These are routine compensation-related transactions rather than open-market purchases or sales.
What do the vested RSUs for Shimmick (SHIM) convert into?
The vested Restricted Stock Units convert into Shimmick common stock on a one-for-one basis. In this filing, 26,596 RSUs converted into 26,596 common shares when they vested, reflecting equity compensation becoming actual share ownership.