Avramovic Dejan 4

What Happened Dejan Avramovic, Chief Financial Officer of XBP Global Holdings (XBP), had 3,006 shares disposed on Feb 13, 2026 to satisfy tax withholding related to vested RSUs (withheld at $7.73/share for proceeds of $23,236). He was also granted 32,500 Restricted Stock Units (RSUs) on Apr 30, 2026 (reported as an acquisition at $0). The withholding sale is a routine tax-related disposition, while the RSU grant is an award (not an open-market purchase).

Key Details

• Transactions:
  • Feb 13, 2026 — 3,006 shares withheld/tax withholding (Code F) at $7.73, proceeds $23,236 (disposition).
  • Apr 30, 2026 — 32,500 RSUs granted (Code A), acquisition reported at $0.
• Shares owned after transaction: Not specified in the filing. Note the issuer reported a 1-for-10 reverse split on Dec 12, 2025 that reduced the reporting person’s share count by 501,674 shares (footnote).
• RSU terms: RSUs issued under the 2024 Stock Incentive Plan vest over three years — one‑third on Dec 31, 2026; one‑third on Dec 31, 2027; and final one‑third on Dec 31, 2028. RSUs are payable in stock only (footnote).
• Footnotes: F1 = shares withheld to satisfy tax obligations; F2 = 1-for-10 reverse split effect; F3 = RSU vesting schedule and plan details.
• Filing timeliness: Form 4 was filed May 4, 2026 for a Feb 13, 2026 transaction — this is later than the usual two-business-day reporting window.

Context

• The Feb 13 disposition was a tax-withholding sale tied to prior RSU vesting (routine, not an open-market sell signal). The Apr 30 item is an RSU grant (an award that vests over time), not an immediate cash purchase. The reverse split materially changed reported share counts; check prior filings for pre-split holdings if you want historical context.