Kidambi Tridivesh 4
4 · System1, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
System1 (SST) CFO Tridivesh Kidambi Sells 258 Shares to Cover Taxes
What Happened
Tridivesh Kidambi, Chief Financial Officer of System1, had 625 restricted stock units (RSUs) vest on January 28, 2026. To satisfy the tax withholding obligation from that vesting, the company withheld 258 shares (disposed) at $4.18 per share, a value of about $1,078. This was a tax-withholding share disposition, not an open-market sale.
Key Details
- Transaction date: 2026-01-28; filing date: 2026-01-29 (timely).
- Transaction type/code: F — payment of tax liability via share withholding.
- Shares withheld/disposed: 258 shares at $4.18 each; total ≈ $1,078.
- RSUs vested: 625 RSUs; company withheld 258 shares to cover taxes (footnote F1).
- Holdings note: filing footnote (F2) indicates 53,352 unvested RSUs are included in reported holdings.
- This was a withholding for taxes, not a voluntary sale into the market.
Context
Withholding shares to cover tax on vested RSUs is a routine administrative step (a form of cashless settlement) and does not necessarily signal insider sentiment. For retail investors, purchases by insiders generally carry more informational weight than routine withholding or tax-related disposals.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-01-28$4.18/sh−258$1,078→ 119,906 total
Footnotes (2)
- [F1]Upon the vesting of 625 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 258 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
- [F2]Includes 53,352 unvested RSUs.