Cyr William B. 4
Research Summary
AI-generated summary
Freshpet (FRPT) CEO William B. Cyr Withholds 2,508 Shares for Taxes
What Happened
- William B. Cyr, CEO of Freshpet, had 2,508 shares withheld to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The withholding was recorded at $76.60 per share, totaling $192,113. The transaction is reported as a disposition (code F) because shares were surrendered to cover taxes rather than sold in the open market.
Key Details
- Transaction date: 2026-03-15; Filing date: 2026-03-17 (timely filing).
- Withheld shares: 2,508 at $76.60 per share; total value: $192,113.
- Transaction code: F (payment of exercise price or tax liability). Footnote F1: shares were withheld upon RSU vesting to cover tax withholding.
- Shares owned after the transaction: not specified in the provided filing data.
- Filing accession: 0000929638-26-001042.
Context
- This was a tax-withholding event tied to RSU vesting (a common, routine occurrence) rather than an open-market sale or purchase, so it does not necessarily indicate a change in the CEO's view of the company. Tax-withholding by share surrender reduces outstanding shares but is less informative about insider sentiment than outright purchases or voluntary sales.