Versigent PLC·4

Jun 23, 4:01 PM ET

Liotine Joseph T. 4

Research Summary

AI-generated summary

Updated

Versigent CEO Joseph T. Liotine Withholds 21,289 Shares for Taxes

What Happened

  • Joseph T. Liotine, CEO and Director of Versigent PLC (VGNT), had 21,289 shares withheld to cover tax liabilities related to the vesting of restricted stock units. The withholding was recorded at $45.89 per share, for a total value of approximately $976,952. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: 2026-06-21; Filing date: 2026-06-23 (filed two days after the transaction).
  • Price: $45.89 per share; Shares withheld/disposed: 21,289; Aggregate value ≈ $976,952.
  • Footnote: F1 — shares withheld to pay tax liabilities incident to the vesting of restricted stock units.
  • Shares owned after the transaction: not specified in the provided filing.

Context

  • This was a routine tax-withholding event tied to RSU vesting, not an active sale or purchase in the market. Such withholdings are common and are used to satisfy tax obligations rather than signal a change in insider sentiment.