Thryv (THRY) CEO Joe Walsh Sells 2,125 Shares

What Happened
Joe Walsh, Chairman and CEO of Thryv Holdings (THRY), had a total of 2,125 shares withheld by the company to satisfy tax-withholding obligations tied to vesting restricted stock units (RSUs). The withholding occurred on 2026-09-08 in two lots: 958 shares and 1,167 shares, both recorded at $1.96 per share, shown in the filing as $1,873 and $2,281 respectively (total $4,154). This is a tax-withholding action (transaction code F), not an open-market sale initiated by the insider.

Key Details

• Transaction date: 2026-09-08 (reported on Form 4 filed 2026-09-09).
• Amounts: 958 shares withheld ($1,873) and 1,167 shares withheld ($2,281); total 2,125 shares, $4,154.
• Price per share shown: $1.96.
• Shares owned after the transaction: Not specified in this filing.
• Footnotes: F1 — shares withheld by issuer to satisfy tax withholding for vested RSUs; F2 — filing notes holdings include 100 shares purchased on 2026-06-30 via the company’s Employee Share Purchase Program (ESPP).
• Transaction type/code: F (tax withholding). Filing appears timely (transaction dated 9/8, filed 9/9).

Context
Withholding shares to cover taxes is a routine administrative step when RSUs vest and does not necessarily signal the insider’s view of the company’s prospects. Unlike open-market sales, these withheld shares are used solely to satisfy tax obligations (a form of cashless settlement), so they are less informative about bullish/bearish conviction.