Fisher David Scott 4
Research Summary
AI-generated summary
Harte Hanks (HHS) President David Fisher Receives RSUs; Shares Withheld
What Happened
- David Scott Fisher, President of Harte Hanks, reported RSU vesting on June 2, 2026. Per the Form 4, 18,790 shares were converted from indirect to direct ownership (reported as an acquisition) and 7,876 shares were withheld to satisfy tax obligations (reported as a disposition for tax withholding). Values reported: conversion at $2.62/share ($49,230) and tax withholding at $2.62/share ($20,635). Net to Fisher after withholding: 10,914 shares retained.
Key Details
- Transaction date: 2026-06-02; Price per share: $2.62.
- Reported entries: two "Other acquisition/disposition (J)" entries reflecting conversion between indirect and direct ownership, and one "F" entry for tax withholding on RSU vesting.
- Shares retained net of withholding: 18,790 vested − 7,876 withheld = 10,914 shares.
- Notable footnotes: F1 (RSUs converted from indirect to direct), F2 (shares withheld for taxes), F5 (this tranche vested on June 2, 2026). Additional footnotes describe prior option/award grants and vest schedules (Awards Nos. 50102, 50105, 50106).
- Filing timeliness: Form filed 2026-06-05 for a 2026-06-02 transaction; filing is marked late (L) in the report.
Context
- This was an RSU vesting event with shares withheld to cover taxes (a common administrative result), not an open-market sale or purchase. The dual J entries reflect a reclassification from indirect to direct ownership rather than a market disposition.
- The filing also references existing option awards and their vest schedules; those are grant/vesting details, not new open-market option exercises or purchases.