Russell Thomas 4

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.