Kidambi Tridivesh 4

What Happened
Tridivesh Kidambi, Chief Financial Officer of System1, had 17,338 restricted stock units (RSUs) vest on July 15, 2026. To satisfy the tax withholding obligation on that vesting, the company withheld 6,022 shares (transaction coded F), disposed at $2.60 per share for a total of $15,657. The withholding is a routine tax-related disposition, not an open-market sale.

Key Details

• Transaction date: 2026-07-15; filing date: 2026-07-17 (filed within the typical two business-day window).
• Withheld/disposed: 6,022 shares at $2.60 per share — total value $15,657.
• RSU vesting: 17,338 RSUs vested; net shares delivered to the insider = 11,316 (17,338 vested minus 6,022 withheld).
• Holdings note (footnote): Includes 35,176 unvested RSUs still outstanding for the reporting person.
• Transaction code: F — payment of exercise price or tax liability via share withholding.

Context
This was a cashless, tax-withholding action tied to RSU vesting and is common for executives receiving equity compensation. Such withholdings are administrative and do not necessarily signal a buy or sell decision about the company's stock.