Blashford Eric B. 4
4 · BROADWIND, INC. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Broadwind (BWEN) CEO Eric Blashford Withholds 4,691 Shares for Taxes
What Happened
Eric B. Blashford, President and CEO of Broadwind, directed the company to withhold 4,691 shares to satisfy his tax withholding obligation related to the vesting of previously granted restricted stock units. The filing lists the share price as $3.96, for a notional value of approximately $18,576. This was a tax-withholding disposition (reported as code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (appears timely).
- Withheld/disposed: 4,691 shares at $3.96 per share; total ~$18,576.
- Shares owned after transaction: total beneficial ownership not shown in this filing.
- Footnote F1: Blashford elected to satisfy withholding by directing the company to withhold shares otherwise issuable from a prior RSU grant.
- Footnote F2: Reporting person’s RSU schedule includes 18,199 RSUs vesting 5/16/2027 and 41,250 RSUs that vest in two equal tranches of 20,625 shares on 5/15/2027 and 5/15/2028.
- Transaction code: F (tax withholding).
Context
Withholding shares to cover taxes on vested RSUs is a common, administrative action and differs from an open-market sale signaling conviction. This was effectively a cashless tax settlement of vested awards; it does not necessarily reflect a change in the CEO’s view on the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-26$3.96/sh−4,691$18,576→ 571,486 total
- 40,409(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The reporting person has elected to satisfy his withholding obligation in connection with the vesting of a prior restricted stock unit grant by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grant.
- [F2]Includes (i) 18,199 restricted stock units that vest 18,199 shares on 5/16/27; and (ii) 41,250 restricted stock units that vest 20,625 shares on each of 5/15/27 and 5/15/28.