Herd Whitney Wolfe 4
Research Summary
AI-generated summary
Bumble (BMBL) CEO Whitney Wolfe Herd Withholds 170,858 Shares
What Happened
Whitney Wolfe Herd, CEO of Bumble Inc. (BMBL), had 170,858 shares of Class A common stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were recorded at $2.81 per share, for a total value of $480,111. This was a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026.
- Price per share: $2.81; total value: $480,111.
- Transaction type/code: F (payment of exercise price or tax liability / tax withholding). Footnote F1 confirms shares were withheld to satisfy tax withholding on vested RSUs.
- Footnotes F2 and F3 note related securities are held by the reporting person’s spouse and a trust for which the spouse is trustee.
- Shares owned after the transaction: not specified in this filing.
Context
Tax-withholding dispositions (cashless/withheld shares at vesting) are a common way for companies and insiders to cover tax obligations and do not represent a discretionary sale of shares in the open market. Such transactions are generally considered routine and are informational for investors tracking insider activity.