NeuroPace (NPCE) CEO Joel Becker Withholds 1,255 Shares for Taxes

What Happened Joel Becker, CEO of NeuroPace Inc., had 1,255 shares withheld by the company on June 3, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was reported at a per-share value of $15.88, totaling approximately $19,929. This was a tax-withholding/net-share settlement—not an open-market sale or purchase.

Key Details

• Transaction date: June 3, 2026; Form 4 filed June 4, 2026 (timely).
• Action/type: F (shares withheld to satisfy tax withholding on RSU vesting).
• Shares withheld/disposed: 1,255 shares at $15.88 per share; total value ≈ $19,929.
• Shares owned after transaction: Not specified in this filing.
• Footnote: F1 — issuer withheld the shares on June 3, 2026 to satisfy tax withholding obligations in connection with RSU vesting.
• No 10b5-1 plan, gift, or open-market sale noted.

Context Share withholding to cover taxes (also called a net-share settlement) is a routine administrative step when restricted stock units vest. It reduces the insider’s reported beneficially owned shares but does not indicate the insider sold shares in the open market or necessarily reflect their view on the company.