LAZAR ROBERT 4
4 · EVI INDUSTRIES, INC. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
EVI CFO Robert Lazar Surrenders 1,199 Shares for Taxes
What Happened Robert Lazar, Chief Financial Officer of EVI INDUSTRIES, INC. (EVI), surrendered 1,199 shares on 2026-02-12 to satisfy the issuer's tax withholding obligation related to the vesting of previously granted restricted stock. The shares were valued at $21.06 each (closing price), resulting in proceeds of approximately $25,251. This was a tax-withholding disposition rather than an open-market sale or a purchase.
Key Details
- Transaction date and price: February 12, 2026, at $21.06 per share (closing price).
- Shares involved: 1,199 shares surrendered (disposed) to cover taxes.
- Total value: ~ $25,251.
- Footnotes: F1 = shares surrendered to satisfy tax withholding for vested restricted stock awards; F2 = $21.06 is the closing price on Feb 12, 2026.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Report filed on 2026-02-13 for the 2026-02-12 transaction (filed the next day).
Context This transaction reflects a routine tax-withholding "surrender" of shares upon vesting of restricted stock awards (transaction code F), which is common and does not necessarily indicate buying or selling for investment reasons. For retail investors, purchases are generally more indicative of insider confidence; tax-related surrenders are administrative and should be interpreted accordingly.
Insider Transaction Report
- Tax Payment
Common Stock, $0.025 par value per share
[F1][F2]2026-02-12$21.06/sh−1,199$25,251→ 90,861 total
Footnotes (2)
- [F1]Represents shares of the issuer's common stock surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock awards previously granted to Robert Lazar.
- [F2]Represents the closing price of the issuer's common stock on February 12, 2026.