Walsh Joe 4
Research Summary
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Thryv (THRY) CEO Joe Walsh Sells Shares to Cover Taxes
What Happened Joe Walsh, Chairman and CEO of Thryv Holdings (THRY), had a total of 2,125 shares of Thryv common stock disposed of by the issuer to satisfy tax-withholding obligations tied to the vesting of restricted stock units (RSUs). The transactions were: 958 shares at $3.89 each for $3,727 (Feb 5, 2026) and 1,167 shares at $3.90 each for $4,551 (Feb 6, 2026), for a combined value of approximately $8,278. These are dispositions via tax withholding (transaction code F), not open-market sales.
Key Details
- Transaction dates and prices: Feb 5, 2026 — 958 shares at $3.89; Feb 6, 2026 — 1,167 shares at $3.90.
- Total disposed: 2,125 shares for ~$8,278.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on vested RSUs.
- Timeliness: Filing date is Feb 11, 2026; the transactions occurred Feb 5–6, so the Form 4 was submitted several days after the trades (later than the typical two-business-day Form 4 deadline).
Context This was a routine tax-withholding disposition related to RSU vesting (a "sell to cover"), which is common and does not necessarily indicate the insider is reducing their overall exposure by choice. The shares were withheld by the company rather than sold on the open market by the insider.