Tsao Jeff 4
Research Summary
AI-generated summary
Rogers President Jeff Tsao Receives Award; 181 Shares Withheld
What Happened
- Jeff Tsao, President of AES at Rogers Corporation (ROG), had 181 shares withheld by the company to satisfy tax withholding on the vesting of time‑based restricted stock units (RSUs). The withheld shares are reported as a disposition valued at approximately $19,456 (181 shares × $107.49).
Key Details
- Transaction date: 2026-02-21; Filing date: 2026-02-23 (timely Form 4 filing).
- Price used for valuation: $107.49 per share.
- Shares withheld/disposed: 181; total value ≈ $19,456.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: F1 — shares were withheld by the company to satisfy tax withholding requirements on vesting of time‑based RSUs.
- Filing timeliness: Report filed within the normal Form 4 window (no late filing indicated).
Context
- This was a tax‑withholding disposition on vested RSUs (company withheld shares to cover taxes), not an open‑market sale or new purchase. Such withholdings are routine and do not necessarily indicate insider buying or selling intent.