Walsh Joe 4

What Happened

• Joe Walsh, Chairman and CEO of Thryv Holdings (THRY), had a total of 2,125 shares of company stock withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding occurred on 2026-04-06 at a price of $2.82 per share, representing $2,702 (958 shares) and $3,291 (1,167 shares), for a combined value of $5,993.
• This was not an open-market sale or a purchase; it is a routine tax-withholding disposition tied to equity compensation (often called a "net settlement"), and therefore generally not interpreted as a directional investment signal.

Key Details

• Transaction date: 2026-04-06
• Price per share: $2.82; Shares withheld: 958 and 1,167 (total 2,125); Combined value: $5,993
• Shares owned after the transaction: not specified in the provided filing details
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on vested RSUs
• Filing timeliness: Report filed on 2026-04-08 (timely under the 2-business-day Form 4 rule)

Context

• These transactions reflect tax withholding upon RSU vesting (issuer-retained shares), not discretionary selling by the insider. Such withholdings are common when equity awards vest and typically do not indicate the insider's market view.
• Transaction code F indicates tax withholding; because no open-market sale occurred, this activity is generally viewed as administrative rather than a bullish or bearish insider trade.