|4Feb 20, 4:00 PM ET

Kurk Morgan C S 4

Research Summary

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Updated

Cambium (CMBM) CEO Kurk Morgan Withholds 2,109 Shares for Taxes

What Happened

  • Kurk Morgan, President & CEO and Director of Cambium Networks (CMBM), had 2,109 shares disposed/withheld to cover a tax liability related to an equity event. The withholding was at $1.21 per share for a total value of approximately $2,552. This was a tax-withholding disposal (routine), not an open-market sale or new purchase.

Key Details

  • Transaction date: 2026-02-18
  • Filing date (Form 4): 2026-02-20
  • Shares withheld/disposed: 2,109
  • Price per share: $1.21
  • Reported value: ~$2,552
  • Transaction code: F — payment of exercise price or tax liability (shares delivered/withheld to satisfy taxes)
  • Shares owned after transaction: not specified in the summary provided (see the full Form 4 for the post-transaction holding)
  • Timeliness: Form filed two days after the transaction (appears within the standard 2-business-day reporting window)

Context

  • Code F typically indicates shares were withheld to cover taxes resulting from an equity award (e.g., option exercise or RSU vesting). This is a routine administrative action and is not the same as an open-market sale that might signal a change in sentiment. The dollar amount here is small; check the full Form 4 for total holdings and any related option/exercise entries for fuller context.