PRISING JONAS 4
Research Summary
AI-generated summary
ManpowerGroup (MAN) CEO Jonas Prising Vests 52,865 RSUs; 23,319 Withheld
What Happened
Jonas Prising, CEO and Director of ManpowerGroup (MAN), had 52,865 restricted stock units (RSUs) vest on February 17, 2026. The RSUs converted 1-for-1 into 52,865 shares (derivative conversion). Of those shares, 23,319 were withheld by the issuer to satisfy tax withholding obligations (disposed at $28.66 per share for proceeds/value of $668,323) and 29,546 shares were transferred as a gift (no cash proceeds). The vested award is worth roughly $1.52M based on the $28.66 closing price.
Key Details
- Transaction date: February 17, 2026 (Form 4 filed February 19, 2026 — timely).
- Primary actions reported: RSU vesting/conversion (code M/A), shares withheld for taxes (code F), and a gift transfer (code G).
- Shares vested/converted: 52,865 RSUs → 52,865 common shares.
- Shares withheld for tax: 23,319 shares at $28.66/share = $668,323 (issuer withheld to satisfy tax obligations).
- Shares gifted: 29,546 shares (no cash proceeds).
- Price reference: $28.66 is the NYSE closing price on Feb 13, 2026 (footnote).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: F1 — RSUs vested and settle 1-for-1; F2 — shares withheld to satisfy tax withholding; F3 — price is NYSE close on 2/13/2026.
Context
This was a routine RSU vesting and settlement rather than an open-market purchase or sale. The withholding of shares to cover taxes is a common administrative step (not an active sale decision by the insider). The gift is a non‑market transfer and does not necessarily indicate buying/selling sentiment.