Bienstock Lee 4
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DocGo CEO Lee Bienstock Withholds 15,644 Shares for Taxes
What Happened Lee Bienstock, CEO of DocGo, had 15,644 restricted stock units (RSUs) withheld to satisfy tax obligations related to an RSU grant. The filing reports those 15,644 shares disposed at $0.59 per share, for a total value of $9,230. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: May 12, 2026; filing date: May 14, 2026 (timely within SEC Form 4 reporting window).
- Reported amount withheld/disposed: 15,644 shares at $0.59 each = $9,230.
- Transaction code: F — withholding of shares to satisfy tax liability (common administrative action).
- Footnote: The withheld RSUs were from an RSU grant made May 12, 2023.
- Additional disclosure: the filing lists roughly 2,117,129 RSUs across multiple grants with various vesting schedules (see filing for full vesting dates and breakdown).
- Shares owned after transaction: not specified in the summary details of the filing.
Context Tax-withholding dispositions are routine and do not necessarily signal insider belief about the company’s outlook — they’re an administrative step when RSUs vest. The filing also details multiple unvested RSU grants with staged vesting through 2028, which explains ongoing potential future share issuances upon vesting.