4Accepted Sep 4, 12:31 PM ET
One Stop Systems (OSS) CFO Daniel G. Gabel Forfeits 3,832 Shares
Accepted (ET)
12:31 PM
Sep 4, 2026
Filed
Sep 4, 2026
Documents
1
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5.3 KB
Summary
One Stop Systems (OSS) CFO Daniel G. Gabel Forfeits 3,832 Shares
What Happened
- Daniel G. Gabel, Chief Financial Officer of One Stop Systems (OSS), had 11,881 vested restricted stock units converted into common shares on Aug 7, 2026. To satisfy tax withholding obligations, 3,832 of those shares were forfeited (reported as a disposition) at $13.32 per share, totaling approximately $51,042. This was an internal tax-withholding transaction, not an open-market sale.
Key Details
- Transaction date: 2026-08-07; filing date: 2026-09-04 (filed late).
- Shares forfeited/disposed: 3,832 at $13.32 per share; value ≈ $51,042.
- Conversion: An aggregate 11,881 vested RSUs were converted into shares; 3,832 were withheld to cover taxes.
- Remaining RSUs: Reporting person still holds 115,881 unvested restricted stock units (subject to vesting conditions).
- Footnotes: Withholding used the market price at time of forfeiture; the RSUs were part of a grant reported on Form 4 filed Feb 7, 2025.
- Transaction code: F (tax withholding).
Context
- This is a routine "sell-to-cover" style withholding arising when vested RSUs convert to shares; it’s an administrative tax payment rather than a directional bet on the stock. The late filing delays public disclosure but does not change the nature of the transaction.