Rogoff Richard B. 4
Research Summary
AI-generated summary
InTest (INTT) Div. President Richard Rogoff Receives Awards & Vests RSUs
What Happened
- Richard B. Rogoff, Divisional President, Environmental Technology, received several equity awards on March 16, 2026 (awards/grants at $0.00) and had 1,010 restricted stock units (RSUs) vest on March 17, 2026. The vested RSUs converted one-for-one into 1,010 shares. To cover withholding taxes, 253 shares were surrendered/disposed at $14.46 per share for a withholding amount of $3,658.
- Grants recorded on March 16 include awards of 2,304 shares, another 2,304 shares, and 3,895 derivative awards (all reported as acquired at $0.00). The March 17 entries show conversion/vesting of 1,010 RSUs and the related 253-share tax withholding disposition.
Key Details
- Transaction dates: Grants on 2026-03-16; RSU vesting/conversion and tax withholding on 2026-03-17. Filing date: 2026-03-18.
- Prices/values: Awards granted at $0.00 (standard equity awards). 253 shares withheld at $14.46 each = $3,658 withheld for taxes.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes from the filing:
- Awards are granted under the InTest Corporation 2023 Stock Incentive Plan and are exempt under Rule 16b-3.
- Some restricted shares vest in four equal annual installments beginning March 16, 2027 (time-based) and some are performance-based with vesting dependent on criteria (target and maximum amounts noted).
- 1,010 RSUs converted to common stock on a one-for-one basis; remaining RSUs vest in equal annual installments through 2029.
- 253 shares were withheld to satisfy tax obligations on RSU vesting.
- Filing timeliness: Form filed on 2026-03-18 reporting transactions from 3/16–3/17 (no late-filing flag shown in the provided data).
Context
- This report mainly reflects compensation-related awards and scheduled RSU vesting rather than open-market buying or selling. The 253-share disposition was a tax-withholding event (common on vesting) rather than an investment-sale decision.
- Grants and vesting under company plans are routine executive compensation events and do not, by themselves, indicate insider sentiment about the stock price.