Lavieri Todd D. 4
Research Summary
AI-generated summary
Information Services Group (III) Vice Chair Lavieri Sells 35,575 Shares
What Happened
Todd D. Lavieri, Vice Chairman of Information Services Group, had 35,575 shares deemed disposed on 2026-06-01 at $4.51 per share for a total value of $160,443. The transaction is a share withholding to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not an open-market sale.
Key Details
- Transaction date and price: 2026-06-01 at $4.51 per share.
- Shares surrendered/disposed: 35,575; total value reported: $160,443.
- Shares owned after transaction: Not reported in this Form 4.
- Footnote: F1 — deemed disposition of shares to the issuer to satisfy tax withholding on RSU vesting under Rule 16b-3.
- Filing timeliness: Report filed 2026-06-03 for a 2026-06-01 transaction (appears timely; no late-filing flag).
Context
Code F transactions reflect shares withheld by the company for tax purposes (a cashless/withholding settlement) and are routine for executives receiving RSUs. Such withholding transactions do not necessarily indicate a change in insider sentiment about the company.