Russell Thomas 4
4 · Genius Sports Ltd · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Genius Sports CLO Russell Thomas Exercises RSUs, Withholds 16,450
What Happened
Russell Thomas, Chief Legal Officer of Genius Sports (GENI), had 35,000 restricted share units (RSUs) convert into ordinary shares on March 20, 2026. To cover tax withholding, 16,450 of those shares were surrendered at $4.53 per share, yielding $74,519. The conversion of RSUs is reported as an exercise/conversion of a derivative; net new shares received by Thomas were 18,550 (35,000 converted minus 16,450 withheld).
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the standard two business-day window).
- Reported actions/codes: M = exercise/conversion of derivative (35,000 RSUs converted); F = shares withheld to satisfy tax liability (16,450 shares at $4.53, $74,519).
- Net shares added from the vesting: 18,550.
- Footnote: The securities are restricted share units (RSUs) that convert to one ordinary share each subject to vesting/service conditions.
- Shares owned after the transaction: not specified in the filing.
Context
This was a routine RSU vesting and tax-withholding event, not an open-market purchase or sale. Withholding of shares to cover taxes (a cashless method) is common and does not necessarily signal a change in insider sentiment. The filing appears timely based on the reported dates.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F1]2026-03-20+35,000→ 537,917 total - Tax Payment
Ordinary Shares
2026-03-20$4.53/sh−16,450$74,519→ 521,467 total - Exercise/Conversion
Restricted Share Units (May 2025)
[F1]2026-03-20−35,000→ 0 total→ Ordinary Shares (35,000 underlying)
Footnotes (1)
- [F1]The reported securities represent restricted share units, which each represent the contingent right to receive one Ordinary Share, subject to the Reporting Person's continued service through the applicable vesting date.