Schippers Gregory 4
Research Summary
AI-generated summary
DHI Group CFO Gregory Schippers Receives 60,000-Share Award
What Happened
- Gregory Schippers, Chief Financial Officer of DHI Group, was granted a restricted stock award of 60,000 shares (report shows acquisition at $0.00 per share). The award vests 1/3 on each of Jan 26, 2027, 2028 and 2029, subject to continued service.
- To cover tax obligations related to vesting of equity awards, the issuer withheld (disposed) a total of 8,011 shares across two dates: 810 and 2,028 shares on Jan 24, 2026, and 1,929 and 3,244 shares on Jan 26, 2026. The withholdings were recorded at per-share prices of $1.73 and $1.79, totaling $14,169 in value. These withholdings are tax-related (Form 4 code F), not open-market sales.
Key Details
- Transaction dates and reported prices:
- 2026-01-24: 810 shares withheld @ $1.73 = $1,401; 2,028 shares withheld @ $1.73 = $3,508
- 2026-01-26: 1,929 shares withheld @ $1.79 = $3,453; 3,244 shares withheld @ $1.79 = $5,807
- 2026-01-26: 60,000 shares awarded @ $0.00 (restricted stock award)
- Total withheld shares: 8,011; total value of withholdings reported: $14,169.
- Shares owned after the transactions: not specified in the filing.
- Relevant footnotes:
- F1/F4: Withholdings reflect shares withheld by issuer to satisfy tax obligations on vesting of performance-based RSUs and a restricted stock award.
- F5: The 60,000-share restricted stock grant vests 1/3 each on Jan 26 of 2027, 2028 and 2029, subject to continuous service.
- F2/F3: Footnotes also reference prior Employee Stock Purchase Plan purchases in 2025 (background detail).
- Filing: Form 4 filed Jan 27, 2026, reporting transactions dated Jan 24 and Jan 26, 2026. The filing does not indicate a late-report flag.
Context
- The disposals here are tax-withholding transactions (code F) rather than voluntary open-market sales; these are routine administrative actions to satisfy tax obligations when equity grants vest.
- The 60,000-share item is a restricted stock grant that vests over three years; such awards are common retention/incentive compensation and only become freely tradable as they vest.
- For retail investors, the key takeaway is that this filing reflects a new multi-year restricted award to the CFO and routine share withholding for taxes — not an insider cash sale signaling a change in conviction.