Essl Reid S 4

What Happened Reid S. Essl, Group President of Arcosa, disposed of 2,206 shares on May 15, 2026. The Form 4 shows these shares were surrendered/withheld to satisfy a tax liability (transaction code F) at $124.14 per share, for a total value of approximately $273,853. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-05-15
• Price per share: $124.14; Shares: 2,206; Total value: ~$273,853
• Transaction type: F — payment of exercise price or tax liability (shares withheld/disposed)
• Filing date: 2026-05-18 (filed following the 5/15 transaction; appears timely)
• Shares owned after transaction: not specified in the provided filing

Context

• Code F transactions typically reflect routine tax withholding after an option exercise or vesting of equity (shares are surrendered to cover taxes). They are administrative in nature and do not necessarily indicate a change in the insider’s view of the company.
• Purchases or open-market sales can be more informative about insider sentiment; tax-withholding disposals are common and often unrelated to market timing.