INSEEGO CORP.·4

Apr 17, 8:19 AM ET

Gatoff Steven 4

Research Summary

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INSEEGO (INSG) CFO Steven Gatoff Sells Shares for Tax Withholding

What Happened

  • Steven Gatoff, Chief Financial Officer of INSEEGO Corp. (INSG), had 10,486 shares withheld to satisfy tax liabilities tied to RSU vesting. The withholdings were: 8,506 shares at $14.14 each ($120,275) and 1,980 shares at $14.14 each ($27,997), totaling $148,272. These transactions are reported as dispositions (code F), meaning shares were withheld rather than sold on the open market.

Key Details

  • Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (within the typical two-business-day Form 4 deadline).
  • Price per share: $14.14.
  • Shares withheld: 8,506 and 1,980 (total 10,486); total value ≈ $148,272.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 relates to an RSU grant dated 7/30/2024 (previously reported) whose vesting schedule was modified from monthly over four years to quarterly vesting with a 7.5% vesting acceleration. F2 relates to an RSU grant dated 12/24/2025 (previously reported) with a similar vesting modification and 7.5% acceleration.
  • Transaction code meaning: F = shares withheld to cover tax withholding on vested equity (not an open-market sale).

Context

  • These were tax-withholding actions tied to RSU vesting (a routine administrative disposition), not discretionary stock sales that typically signal a manager taking money off the table. Withheld shares reduce the insider’s outstanding share count but do not necessarily reflect a change in sentiment.