Simpson Manufacturing (SSD) CTO uses 386 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. Chief Technology Officer Udit Mehta reported a tax-related share disposition through share withholding. On the vesting of restricted stock units on February 17, 2026, the company withheld 386 shares of common stock at $209.01 per share to satisfy his tax withholding obligation. After this transaction, Mehta directly holds 4,990 common shares, which the disclosure states includes 2,814 restricted stock units that have not yet vested. This was a tax-withholding disposition rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mehta Udit
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 386 | $209.01 | $81K |
Holdings After Transaction:
Common Stock — 4,990 shares (Direct)
Footnotes (1)
- Represents shares of common stock withheld by the Company to satisfy the tax withholding obligation for the reporting person's restricted stock units that vested on February 17, 2026. Includes 2,814 Restricted Stock Units that have not yet vested.
FAQ
What insider transaction did SSD Chief Technology Officer Udit Mehta report?
Udit Mehta reported a tax-withholding disposition of Simpson Manufacturing common stock. The company withheld 386 shares when his restricted stock units vested to cover tax obligations, rather than Mehta selling shares in the open market.
What does transaction code F mean in the SSD CTO’s Form 4?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. For SSD, it means 386 shares of Udit Mehta’s common stock were withheld by the company to cover tax withholding on vested restricted stock units.