Coop Kevin 4
Research Summary
AI-generated summary
Definitive Healthcare CEO Kevin Coop: Shares Withheld for Taxes
What Happened
Kevin Coop, CEO of Definitive Healthcare (DH), had 37,593 shares withheld by the company to satisfy tax withholding obligations related to the vesting and settlement of previously granted RSUs. The withholding was recorded at $1.09 per share for a total value of $40,976. This was a withholding/settlement, not an open‑market sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely filing).
- Price used for withholding: $1.09 per share.
- Shares withheld/disposed: 37,593; total value ≈ $40,976.
- Transaction code: F (share withholding to satisfy tax obligations). Footnote: withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with vesting and settlement of previously reported RSUs.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
Share withholding to cover taxes on vested RSUs is a routine administrative transaction and does not represent a discretionary sale by the insider. It reduces the insider’s share count but is not necessarily a signal of confidence or concern about the company’s prospects.