Eckert Rebecca R 4
Research Summary
AI-generated summary
SYPR VP Rebecca Eckert Disposes 3,534 Shares for Tax Withholding
What Happened
Rebecca R. Eckert, Vice President and Chief Accounting Officer of Sypris Solutions, had 3,534 shares (vested restricted stock) disposed to satisfy tax withholding requirements. The shares were valued at $2.93 each for a total withholding value of $10,355. The disposition follows a restricted stock award that vested 100% on April 1, 2026.
Key Details
- Transaction date: 2026-04-01
- Price per share: $2.93; Shares disposed: 3,534; Total: $10,355
- Transaction code F: payment of exercise price or tax liability (here, tax withholding on vesting)
- Footnote: Award was a restricted stock grant under the 2020 Sypris Omnibus Plan that vested fully on April 1, 2026.
- Shares owned after the transaction: not specified in the filing.
- No late filing is indicated in the provided report.
Context
This was a routine tax-withholding disposition tied to RSU vesting—not an open-market sale or a purchase. Withholdings like this are common when restricted shares vest and do not necessarily indicate insider sentiment about the company’s stock.