Sarvikas Juho 4
Research Summary
AI-generated summary
INSG CEO Juho Sarvikas Withholds 929 Shares for Taxes
What Happened
- Juho Sarvikas, CEO of Inseego Corp. (INSG), had 929 shares withheld to cover tax liabilities related to vested restricted stock units (RSUs). The shares were withheld at an effective price of $10.48 per share, representing approximately $9,736 in value. The transaction is reported as a disposition (code F — tax withholding).
Key Details
- Transaction date: 2026-02-06; withholding price: $10.48 per share; shares withheld: 929; total value ≈ $9,736.
- Transaction code: F (shares withheld to cover tax liabilities on RSU vesting).
- Footnote: The withholding covers taxes on RSUs granted 01/06/2025; that grant was previously reported on the insider's Form 4 filed 01/07/2025.
- Shares owned after the transaction: not disclosed in this filing.
- Filing status: Form 4 was filed on 2026-02-09 (timely).
Context
- This was a tax-withholding disposition tied to RSU vesting, not an open-market sale indicating a change in investment stance. Such withholding transactions are routine and typically reflect tax obligations upon vesting rather than a CEO choosing to sell shares for cash.