Kiviat Jason 4

What Happened Jason Kiviat, Chief Financial Officer of Teads Holding Co. (TEAD), had a total of 10,274 shares withheld by the issuer on March 7, 2026 to cover tax obligations arising from the vesting/settlement of equity awards. The withholding involved three dispositions: 340 shares, 7,805 shares, and 2,129 shares, each priced at $0.84, for total cash proceeds of approximately $8,630. These were tax-withholding dispositions (code F), not open-market sales initiated by the insider.

Key Details

• Transaction date: 2026-03-07; Filing date: 2026-03-10 (filed within the usual two-business-day window).
• Price per share: $0.84 for all withheld lots.
• Shares withheld/disposed: 340; 7,805; 2,129 — total 10,274 shares; total proceeds ≈ $8,630.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnotes:
  • F1: Withheld to cover taxes on vested performance stock units under the 2021 Long-Term Incentive Plan (Rule 16b-3 exempt).
  • F2: Withheld to cover taxes on vested restricted stock units under the 2021 Long-Term Incentive Plan (Rule 16b-3 exempt).
  • F3: Withheld to cover taxes on vested restricted stock units under the 2007 Omnibus Securities and Incentive Plan (Rule 16b-3 exempt).

Context These transactions are routine tax-withholding dispositions tied to award settlements (a form of cashless/withholding settlement) rather than discretionary sales that might signal a change in the insider’s view of the company. They reflect the company withholding shares to satisfy the insider’s tax liability on vested equity.