[Form 4] Xponential Fitness, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Xponential Fitness, Inc. Chief Financial Officer John P. Meloun reported a tax-related share disposition. On the vesting of restricted stock units, 29,738 shares of Class A common stock were withheld at $5.53 per share to cover tax obligations in a mandatory, non-discretionary transaction. After this, he holds 326,026 Class A shares, plus 185,904 LLC Units in Xponential Holdings LLC and 185,904 shares of Class B common stock, which remain fully vested and redeemable into Class A common stock.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding; no open-market selling signal.
The CFO of Xponential Fitness, Inc., John P. Meloun, had 29,738 Class A shares withheld at $5.53 per share to satisfy tax obligations on vested RSUs. Footnotes clarify this was a mandatory “withhold to cover” transaction under the company’s equity incentive plan.
This type of Form 4 code F activity is administrative rather than an elective sale, so it generally does not indicate a change in the insider’s sentiment toward the stock. Following the withholding, he still holds 326,026 Class A shares and 185,904 LLC Units/Class B shares, all vested and redeemable into Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 29,738 | $5.53 | $164K |
| holding | LLC Units in Xponential Holdings LLC | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting of Class A common stock subject to restricted stock units (RSUs) award granted pursuant to the Issuer's equity incentive plan. The disposition was to satisfy tax withholding obligations to be funded by a "mandatory withhold to cover" transaction and does not represent a discretionary transaction by the reporting person. All LLC Units are vested and redeemable into shares of Class A common stock. The LLC Units do not expire.