Canino Vincent J. 4
Research Summary
AI-generated summary
Capstone CEO Vincent Canino Sells 54,265 Shares (Tax Withholding)
What Happened
Vincent J. Canino, President & CEO and a director of Capstone Green Energy Holdings, disposed of 54,265 shares on March 18, 2026. The shares were withheld at an effective price of $6.29 per share, producing a cash value of approximately $341,327. This was a deemed disposition to satisfy taxes related to the vesting and settlement of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-18; price: $6.29 per share; shares withheld/disposed: 54,265; total value ≈ $341,327.
- Transaction code: F (tax withholding/share-for-tax settlement).
- Footnote F1: Shares were withheld to cover the Reporting Person’s tax liability from RSUs awarded March 11, 2024.
- Footnote F2: Disclosures include 300,000 RSU shares vesting in equal installments on March 11, 2026 and March 11, 2027; 16,667 RSU shares vesting in equal installments on Sept 9, 2026 and Sept 9, 2027; 49,250 RSU shares vesting in three equal annual installments beginning April 3, 2026; and 75,000 shares purchased in a private offering (total items listed = 440,917 shares underlying awards/purchase).
- Filing: Report filed on 2026-03-18 reporting the March 18, 2026 transaction.
Context
This transaction was a routine tax-withholding event tied to RSU vesting (a common way companies satisfy required payroll/tax withholding). Such withholdings are not the same as an open-market sale driven by trading decisions and should not be interpreted alone as a signal about the CEO’s view of the company’s prospects.