MORGAN STANLEY·4

Feb 20, 4:20 PM ET

YESHAYA SHARON 4

Research Summary

AI-generated summary

Updated

Morgan Stanley CFO Yeshaya Sharon Receives PSU Award; 9,622 Shares Withheld

What Happened

CFO Yeshaya Sharon received 17,399 shares on 2026-02-19 as the conversion/settlement of a performance stock unit (PSU) award (acquired at $0.00). To cover tax withholding upon conversion, 9,622 of those shares were withheld/disposed at $176.59 per share, generating proceeds of $1,699,149. The net number of shares delivered to Sharon after withholding was 7,777.

Key Details

  • Transaction date: 2026-02-19; Form filed 2026-02-20 (timely).
  • Award/acquisition: 17,399 shares @ $0.00 (code A).
  • Tax withholding/disposition: 9,622 shares @ $176.59 = $1,699,149 (code F).
  • Net shares retained: 7,777 (17,399 − 9,622).
  • Footnotes: F1 — shares earned based on the Company’s achievement of pre-established average return on tangible common equity for one-half of a PSU award granted Jan 18, 2023. F2 — shares withheld to satisfy taxes upon conversion of that PSU Award.
  • Shares owned after the transaction: not specified in the provided filing.

Context

This was a compensation-related conversion of PSUs, not an open-market purchase or voluntary sale. Withholding shares to cover taxes is a routine, administrative step (code F) and doesn’t necessarily signal a change in insider sentiment about the stock.