Goodnow Timothy T 4

What Happened

• Timothy T. Goodnow (President, CEO and Director) had 32,598 shares withheld on June 15, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding price was $7.18 per share, totaling $234,054. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-17 (appears timely).
• Price per share: $7.18; Shares withheld/disposed: 32,598; Total value: $234,054.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: F1 — shares were withheld to satisfy withholding tax obligations upon RSU vesting.
• Transaction type: F (tax withholding), routine administrative action rather than a market sale or purchase.

Context

• Withholding shares to cover taxes on vested RSUs is common and generally routine; it does not necessarily signal insider sentiment about the company’s outlook. This was a cashless tax-withholding method (shares surrendered to cover taxes), not an open-market transaction.