FiscalNote Holdings, Inc.·4

May 19, 8:48 PM ET

Resnik Josh 4

Research Summary

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FiscalNote (NOTE) CEO Josh Resnik Withholds Shares for Taxes

What Happened
Josh Resnik, President and CEO of FiscalNote Holdings (NOTE), had a total of 7,066 shares of Class A common stock withheld to satisfy tax obligations when restricted stock units (RSUs) vested. The filing shows two withholding transactions on 2026-05-15: 1,708 shares at $0.20 each ($342) and 5,358 shares at $0.20 each ($1,072), for a combined value of approximately $1,414. These were tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

  • Transaction dates: 2026-05-15 (reported on Form 4 filed 2026-05-19). The filing appears timely (within the 2-business-day Form 4 deadline).
  • Prices and amounts: 1,708 shares @ $0.20 = $342; 5,358 shares @ $0.20 = $1,072; total withheld = 7,066 shares (~$1,414).
  • Footnotes: F1 — 1,708 shares withheld to cover taxes on the vesting of 3,474 RSUs. F2 — 5,358 shares withheld to cover taxes on the vesting of 10,901 RSUs.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context
Tax-withholding by companies when RSUs vest is routine and does not necessarily signal a change in the insider's market view; the shares were withheld to satisfy tax liability rather than sold on market as a discretionary trade. The monetary value here is modest.