Chadha Ranjit S 4

What Happened

• Ranjit S. Chadha, Vice President & Principal Accounting Officer of ICF International (ICFI), reported multiple restricted stock unit (RSU) vestings and derivative conversions on March 20, 2026. The filing shows acquisitions of 197, 102 and 813 RSU units (total 1,112 units) and several derivative exercise/conversion entries. To cover tax withholding, 37 and 70 shares were surrendered/withheld (at an exercise/withholding price of $65.89), totaling $2,438 and $4,612 (combined ~$7,050).
• Transaction codes: A = award/grant (RSU vesting), M = exercise/conversion of derivative, F = payment of exercise price or tax liability (shares withheld). Several of the reported derivative conversions were cash-settled (market/exercise values listed in the filing footnotes).

Key Details

• Transaction date: March 20, 2026; Form filed March 24, 2026 (timely within the two-business-day Form 4 window).
• Acquisitions reported: 197, 102 and 813 RSU units (1,112 total) at $0.00 (derivative awards/vesting).
• Shares withheld for taxes: 37 and 70 shares at $65.89 per share (total withheld value ≈ $7,050).
• Other conversions/exercises reported as "disposed" with N/A price (cash-settled RSUs); footnotes show market/exercise values of $66.62, $115.32 and $80.08 for different vesting tranches.
• Shares owned after the transactions are not included in the excerpt provided — see the full Form 4 for total holdings.
• Footnotes indicate these were scheduled vesting events (RSUs from ICF’s 2018 and 2010 Omnibus plans with staggered vesting: 25% / 25% / 50% and similar cash-settled schedules).

Context

• RSU vesting and associated tax-withholding are routine for executives and do not, by themselves, signal a bullish or bearish view. When RSUs are cash-settled, the economic value is paid in cash rather than delivered shares (hence some entries show N/A price or cash value in footnotes).
• The F-code (tax withholding) entries reflect shares surrendered to meet tax obligations at vesting; the remaining vested shares (net of withholding) are typically retained by the insider unless otherwise sold.