Slabaugh Jon 4
Research Summary
AI-generated summary
FiscalNote (NOTE) CFO Jon Slabaugh Withholds 1,621 Shares for Taxes
What Happened
Jon Slabaugh, CFO and SVP of Corporate Development at FiscalNote Holdings (NOTE), had 1,621 shares of Class A common stock withheld to satisfy tax obligations upon the vesting of restricted stock units (RSUs). The withheld shares were valued at $1.57 each, totaling $2,545. The vesting covered 2,977 RSUs, resulting in 1,356 net shares delivered to Slabaugh after withholding.
Key Details
- Transaction date: 2026-01-20; filing date: 2026-01-22 (timely Form 4 filing).
- Withheld shares: 1,621 @ $1.57 = $2,545 (transaction code F: tax withholding).
- Vesting: 2,977 RSUs vested; 1,621 shares withheld to satisfy tax obligation — net 1,356 shares to the insider.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 clarifies the withholding was to cover the reporting person’s tax obligation on RSU vesting.
Context
This was a tax-withholding disposition tied to RSU vesting (a routine administrative action), not an open-market sale or purchase. Such withholdings are common and do not necessarily indicate a change in the insider’s view of the company.