Felman Adam Jonathan 4
Research Summary
AI-generated summary
High Roller (ROLR) CFO Felman Withholds 3,525 Shares for Taxes
What Happened
- Felman Adam Jonathan (CFO) reported that 3,525 shares were withheld on 2026-05-17 to satisfy tax withholding related to restricted stock units (RSUs). The filing shows a $0.00 per-share price and $0 total proceeds — this withholding is not an open-market sale.
Key Details
- Transaction date: 2026-05-17; filed with the SEC on 2026-05-19 (appears timely).
- Reported price: $0.00 per share; reported proceeds: $0.
- Shares affected: 3,525 RSUs withheld for tax remittance.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 notes the shares were withheld by the issuer to satisfy tax obligations and do not represent a sale by the reporting person. F2 clarifies these securities are RSUs (contingent rights to future shares subject to vesting).
Context
- Net settlement (withholding) of RSUs is a routine administrative action to cover tax liabilities and typically does not signal insider sentiment the way open-market purchases or sales might. This report documents tax withholding rather than a market transaction or cash proceeds.