Feehan Michael 4
Research Summary
AI-generated summary
Ecovyst (ECVT) CFO Michael Feehan Surrenders 4,246 Shares for Taxes
What Happened Michael Feehan, Vice President and Chief Financial Officer of Ecovyst (ECVT), had 4,246 shares withheld/disposed to satisfy tax withholding obligations tied to equity (transaction code F). The shares were recorded at $10.84 each, for a total value of approximately $46,027. This was a tax-withholding disposition (routine), not an open-market sale intended as a liquidity trade.
Key Details
- Transaction date: 2026-01-22; Price: $10.84 per share; Total value: ~$46,027.
- Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after the transaction: not disclosed in this filing.
- Filing date: 2026-01-26 — appears to be filed within the normal Form 4 reporting window (timely).
Context
- This type of transaction typically reflects tax withholding after grant vesting or option exercise (a "sell-to-cover" or share surrender), not a directional buy/sell signal in the open market.
- No 10b5-1 plan or other special instructions are reported in the filing; the entry is a routine tax-related disposition by an officer.