Linton Paul Alderman 4
Research Summary
AI-generated summary
FTI Consulting (FCN) Interim CFO Linton Alderman Withholds Shares for Taxes
What Happened
- Linton Paul Alderman, Chief Strategy & Transformation Officer and Interim CFO of FTI Consulting, had a total of 371 shares of FCN common stock withheld to satisfy tax liabilities on vested restricted stock. The company withheld 193 shares on March 6, 2026 (at $168.41 each, $32,503) and 178 shares on March 8, 2026 (at $168.41 each, $29,977), for a combined value of about $62,480. These were withholding dispositions, not open-market sales.
Key Details
- Transaction dates and prices: Mar 6, 2026 — 193 shares @ $168.41; Mar 8, 2026 — 178 shares @ $168.41.
- Total shares withheld: 371; total value: ~$62,480.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes: F1 and F2 state the shares were withheld to pay tax liability on restricted stock that vested on Mar 6 and Mar 8, 2026, pursuant to Rule 16b-3(d).
- Filing date: Form 4 filed Mar 10, 2026 (covers transactions reported for Mar 6 and Mar 8).
Context
- Code F denotes tax withholding to cover tax liabilities on vested restricted stock — a routine, administrative disposition that does not necessarily reflect a change in the insider’s view of the company. This is effectively a cashless withholding to satisfy taxes on RSU vesting rather than an active sale into the open market.