Chupa Addam 4
Research Summary
AI-generated summary
InfuSystem (INFU) EVP/CIO Chupa Addam Vests RSUs and Withholds Shares
What Happened
Chupa Addam, Executive Vice President and Chief Information Officer of InfuSystem Holdings (INFU), had restricted stock units (RSUs) convert/vest into 22,006 shares across May 16–18, 2026 (no cash paid). To cover associated tax liabilities, 8,056 shares were withheld (disposed) for a total withholding value of approximately $70,911.
Key Details
- Transaction dates: May 16, 17 and 18, 2026. Form filed May 19, 2026.
- Shares issued/converted (acquired): 4,375 (5/16), 12,184 (5/17), 5,447 (5/18) — total 22,006 shares (conversion/vesting, $0 per share reported).
- Shares withheld for taxes (disposed): 1,602 @ $8.77 ($14,050), 4,460 @ $8.77 ($39,114), 1,994 @ $8.90 ($17,747) — total 8,056 shares withheld, ~$70,911.
- Transaction codes: A = award/grant (vested performance RSUs), M = exercise/conversion of derivative (RSU conversion), F = withholding to pay tax liability (share-for-tax).
- Footnotes: RSUs convert one-for-one to common stock; the 12,184 performance RSUs were granted May 17, 2024 and vested May 17, 2026; other RSUs vested May 16 and cliff-vested May 18, 2026.
- Shares owned after the transactions were not disclosed in the provided data. No late-filing flag was noted in the supplied information.
Context
These transactions represent routine vesting and share-withholding to cover tax obligations (a common "sell-to-cover" practice), not open-market sales. The conversions/vests produced newly issued shares to the insider, with a portion withheld to satisfy taxes rather than indicating an outright disposition of stock for cash proceeds.