Davison Jack 4

What Happened

• Jack Davison, Chief Commercial Officer of Genius Sports (GENI), had restricted share units (RSUs) convert/vest into 150,000 ordinary shares on 2026-03-20. Of those shares, 35,250 were withheld/disposed to cover tax liability at $4.53 per share, representing $159,683. The remaining 114,750 shares were issued to him.
• The filing shows the derivative/vest entries (code M) for 75,000 + 75,000 RSUs and a tax-withholding disposition (code F) for 35,250 shares. The exercise/conversion entries list no cash exercise price, consistent with RSU settlement rather than an option purchase.

Key Details

• Transaction date: 2026-03-20; Form filed: 2026-03-24 (filed on time).
• Shares converted (acquired): 150,000 RSUs → ordinary shares (two entries of 75,000).
• Shares disposed/withheld for taxes: 35,250 at $4.53 each; total value reported $159,683.
• Net shares issued to insider: 114,750 (150,000 converted − 35,250 withheld).
• Footnote: Reported securities are restricted share units (each RSU entitles the holder to one ordinary share upon vesting).
• Filing timeliness: Not late (transaction 3/20; filing 3/24, within the standard Form 4 window).

Context

• This is an RSU vest/settlement event, not an open-market buy or discretionary sale—tax withholding is a routine administrative step and not by itself a market sentiment signal.
• Code key: M indicates exercise/conversion of a derivative (here, RSU conversion); F indicates shares surrendered/withheld to satisfy tax obligations (a cashless settlement).