Tal Boaz 4
Research Summary
AI-generated summary
Nebius (NBIS) General Counsel Tal Boaz Sells 3,036 Shares
What Happened
Tal Boaz, General Counsel of Nebius Group N.V. (NBIS), sold 3,036 shares on 2026-03-31 at $98.78 per share for a total of $299,882. The sale was a disposition of shares (code S) tied to the vesting of restricted share units and was used solely to cover estimated withholding taxes — not an independent, discretionary trade.
Key Details
- Transaction date and price: 2026-03-31, 3,036 shares at $98.78 each (total ≈ $299,882).
- Transaction type: Sale (S); described as an open market or private sale in the filing.
- Shares owned after transaction: Not disclosed in the provided Form 4.
- Footnote: The shares were sold automatically upon RSU vesting to cover estimated withholding taxes per the RSU agreement (automatic sale instructions); the sale was not discretionary (F1).
- Filing timeliness: Form 4 filed 2026-04-01 — appears timely (no late-filing indication).
Context
This was a routine tax-withholding sale tied to vested restricted share units. Such automatic withholding sales are common and generally reflect administrative tax obligations rather than an insider signaling a view on the company’s shares.