Chalom Joseph 4
Research Summary
AI-generated summary
Sharplink (SBET) CEO Chalom Joseph: Tax Withholding of 149,065 Shares
What Happened
Chalom Joseph, CEO of Sharplink, received a fully vested bonus award and 149,065 shares were retained by the company to satisfy withholding taxes. The Form 4 lists this as a disposition under code F (payment of exercise price or tax liability) for 149,065 shares at $0.00 per share (total value reported $0). The underlying award was granted Jan 8, 2026; the gross shares were reported on a Form 4 filed Jan 12, 2026, and the net shares were paid/withheld on Feb 11, 2026. The filing was submitted Feb 12, 2026.
Key Details
- Transaction date: February 11, 2026; Form 4 filed February 12, 2026 (timely, one day after transaction).
- Reported disposition: 149,065 shares @ $0.00 per share (code F — tax withholding), total proceeds reported $0.
- Shares owned after transaction: not disclosed in the information provided.
- Footnote: The shares withheld were the portion the Company retained out of the fully vested bonus to satisfy income and employment tax withholding (see footnote F1).
- Filing timeliness: No late filing indicated.
Context
This was a routine tax-withholding action (cashless withholding) on a vested award, not an open-market sale. Such withholding reduces the number of shares the insider receives but does not reflect an active decision to sell shares on the market; it is generally not a directional signal of the insider’s view. Purchases or open-market sales are typically more informative about insider sentiment.