DeLucia Robert Michael 4
Research Summary
AI-generated summary
Sharplink (SBET) CFO Robert DeLucia — 22,863 Shares Withheld for Taxes
What Happened
Robert Michael DeLucia, CFO of Sharplink, had 22,863 shares retained by the company on Feb 11, 2026 to satisfy withholding for income and employment taxes related to a fully vested bonus award. The transaction is reported as a disposition (code F) at $0.00 per share, so no cash proceeds were received.
Key Details
- Transaction date: 2026-02-11; Filing date (accession): 2026-02-12 — filed the next day (timely).
- Transaction type/code: F — payment of exercise price or tax liability (share withholding for taxes).
- Shares withheld/disposed: 22,863 shares reported at $0.00 (no proceeds).
- Shares owned after transaction: not specified in this filing.
- Footnote: The CFO received a fully vested bonus award on Jan 8, 2026 (gross amount reported on a Form 4 filed Jan 12). The 22,863 figure reflects the shares the company retained out of the award to cover withholding taxes when the award was paid on Feb 11, 2026.
Context
This was a tax-withholding/settlement of a bonus award — not an open-market sale or purchase — and thus does not necessarily signal buying or selling intent. Such withholding is a routine administrative action to satisfy tax obligations on equity compensation.