SZEWS CHARLES L 4
Research Summary
AI-generated summary
CACI Director Charles Szews Receives RSUs, Withholds Shares
What Happened
- Charles L. Szews, a director of CACI International (CACI), had 84 restricted stock units (RSUs convert/vest) on April 14, 2026. The Form 4 reports 84 shares acquired (conversion of derivative) and 84 shares disposed (withheld) the same day. No cash price is reported for the conversion; the disposals represent tax withholding rather than an open-market sale. Net economic effect: no additional shares retained by the insider from this tranche.
Key Details
- Transaction date: April 14, 2026; Form 4 filed April 16, 2026 (timely).
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); both an acquisition (84 shares) and a disposition (84 shares) are reported.
- Price: N/A for conversion; withholding shares reported as dispositions without a sale price.
- Shares owned after transaction: not specified in the filing.
- Footnote: On October 17, 2025 Mr. Szews was granted 338 RSUs vesting in four tranches — 84 on Jan 14, 2026; 84 on Apr 14, 2026; 85 on Jul 13, 2026; and 85 on Oct 11, 2026.
- The disposed shares appear to be for tax withholding (routine), not an open-market sale.
Context
- Code M indicates conversion/exercise of a derivative — here RSUs converting into common shares. It’s common for companies to withhold shares to cover taxes when RSUs vest; this is not typically a directional insider trade (not a buy or discretionary sale).
- For retail investors, this is a routine compensation-related event rather than an indicator of insider sentiment.