FiscalNote (NOTE) Chief Legal & Admin Officer Aman Todd Sells 1,901 Shares

What Happened

• Aman Todd, Chief Legal & Administrative Officer of FiscalNote Holdings, had 1,901 shares of Class A common stock withheld (disposed) to satisfy tax obligations upon the vesting of restricted stock units. The shares were priced at $0.12 each for a total value of $226. This transaction is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: July 1, 2026; price: $0.12 per share; total value: $226.
• Transaction type/code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — 1,901 shares were withheld to cover taxes on the vesting of 6,314 RSUs. F2 — the balance reflects the forfeiture of 42,356 unvested RSUs upon the reporting person's termination of employment on July 2, 2026.
• Filing timeliness: Report filed July 29, 2026 for a July 1 transaction (file appears to be late relative to the usual two-business-day Form 4 deadline).

Context

• Tax-withholding disposals are routine administrative transactions that occur when RSUs vest and shares are withheld to cover tax liabilities; they do not necessarily indicate buy- or sell-side sentiment. The filing also notes the insider’s employment termination on July 2, 2026 and a large forfeiture of unvested RSUs, which reduces future potential equity from prior grants.