Tesla (TSLA) CFO Vaibhav Taneja records RSU vesting and tax-driven share sale
Rhea-AI Filing Summary
Tesla, Inc. Chief Financial Officer Vaibhav Taneja reported routine equity compensation activity and a related tax sale. On June 5, 2026, 6,538 restricted stock units vested and converted into the same number of Tesla common shares at a stated price of $0.00 per share. A footnote explains these shares were issued under Tesla’s equity plan and that some of the resulting common stock was automatically withheld and sold by the issuer to satisfy Taneja’s tax withholding obligations tied to this vesting. On June 8, 2026, 2,605.5 shares of common stock were sold at an average price of $402.197 per share, consistent with that tax-related sale structure.
After these transactions, Taneja directly holds 22,039 Tesla shares and has 58,844 restricted stock units remaining from this award. A separate holding entry shows 111,000 shares held indirectly in grantor retained annuity trusts (GRATs) associated with Taneja and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,605.5 | $402.197 | $1.05M |
| Exercise | Restricted Stock Unit | 6,538 | $0.00 | -- |
| Exercise | Common Stock | 6,538 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on June 5, 2026. PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN. 55,500 shares are held directly by the reporting person in GRATs, for which the reporting person is a trustee, and 55,500 shares are held directly by the spouse of the reporting person in GRATs, for which the spouse of the reporting person is a trustee. 1/16 of the total restricted stock units initially subject to this award vested on December 5, 2024 and 1/16th of the total units initially subject to this award vest every quarter thereafter, so that all such shares subject to this award will be fully vested on September 5, 2028.