Yin Peter 4

What Happened

• Peter Yin, CFO of RF Industries (RFIL), surrendered a total of 587 shares to satisfy tax withholding obligations tied to equity awards/exercises. The withholding transactions were recorded as disposals rather than open-market sales.
• Breakdown: 120 shares at $11.83 = $1,420 (4/11/2026); 222 shares at $11.83 = $2,626 (4/11/2026); 245 shares at $12.25 = $3,001 (4/13/2026). Aggregate value ≈ $7,047.

Key Details

• Transaction dates and prices:
  • 2026-04-11: 120 shares @ $11.83 and 222 shares @ $11.83 (two withholding transactions).
  • 2026-04-13: 245 shares @ $12.25.
• Shares surrendered (total): 587 shares; total cash value ≈ $7,047.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Transaction code/footnote: Code F — payment of exercise price or tax liability (share withholding to cover taxes).
• Filing: Form 4 filed on 2026-04-14 covering transactions dated 2026-04-11 and 2026-04-13. Form 4s are generally due within two business days; the April 11 entries were reported three days later, which may constitute a late filing.

Context

• These were tax-withholding share surrenders (common after option exercises or vested awards), not open-market sales — the company retained the shares to pay taxes. Such transactions are routine and do not necessarily indicate a change in the insider’s view of the company.
• Transaction code F signals withholding/payment of tax obligations rather than a voluntary sale (code S) or purchase (code P).