Coussens Amanda N. 4
Research Summary
AI-generated summary
Ridgepost (RPC) CFO Amanda Coussens Exercises RSUs; Shares Withheld
What Happened
Amanda N. Coussens, CFO of Ridgepost Capital, had previously granted restricted stock units (RSUs) that vested on February 14, 2026 and converted into common stock. The vesting/conversion totaled 56,702 shares (47,582 + 9,120). To satisfy tax withholding, 25,828 of those shares were surrendered/withheld at $8.70 per share for a tax withholding value of $224,704. On February 17, 2026 she was also granted 83,724 new RSUs that vest on the first anniversary of the grant (subject to continued service).
Key Details
- Transaction dates: conversion/vesting and withholding on 2026-02-14; new RSU grant on 2026-02-17. Form 4 filed 2026-02-18.
- Converted/vested shares: 47,582 + 9,120 = 56,702 shares.
- Tax withholding: 25,828 shares withheld at $8.70/share = $224,704 (code F).
- New grant: 83,724 RSUs awarded (code A), vesting in one year if service continues.
- Footnotes: F1–RSUs convert 1-for-1 to Class A common stock on vesting; F2–these RSUs were a grant from 2/14/2025 that vested on the first anniversary; F3–the 2/17/2026 RSUs vest on the first anniversary subject to service.
- Shares owned after the transactions are not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed on 2026-02-18 (within the typical two-business-day reporting window following the Feb 14 vesting date).
Context: These transactions reflect routine RSU vesting and associated tax withholding rather than an open-market buy or sell. The conversion of RSUs into shares and the withholding of a portion to cover taxes (a common practice) do not, by themselves, indicate a change in the insider’s view of the company’s stock.