McGroarty Ryan 4
Research Summary
AI-generated summary
LifeStance (LFST) CFO Ryan McGroarty — Shares Withheld for Taxes
What Happened
- Ryan McGroarty, Chief Financial Officer and Treasurer of LifeStance Health Group (LFST), had 24,255 shares withheld by the company to satisfy tax withholding on restricted stock units (RSUs) that vested on March 24, 2026. The withholding was at $6.45 per share, totaling about $156,445.
- This was a tax-withholding/net-settlement event (transaction code F), not an open-market sale — the shares were retained by the issuer to cover taxes rather than sold on the market.
Key Details
- Transaction date: March 24, 2026; Filing date: March 26, 2026 (appears timely).
- Withheld shares: 24,255 at $6.45 per share; total value ≈ $156,445.
- Shares owned after transaction: Not reported in the filing.
- Footnote: The withheld shares represent a reduction of shares issued upon settlement of vested RSUs and do not constitute an open-market sale.
Context
- This is a routine tax-withholding (net settlement) of vested RSUs. Such withholdings are administrative and do not necessarily indicate the insider’s view of the company’s prospects.
- Transaction code F = tax withholding; no exercise-for-cash or open-market sale occurred.