Carlson Michael James 4
Research Summary
AI-generated summary
STEM President Michael Carlson Receives RSU Shares (1,342)
What Happened
- Carlson Michael James (President, Managed Services) had RSUs vest on February 15, 2026. Per the filing, 1,342 restricted stock units converted into 1,342 shares of common stock (one-for-one). Immediately, 1,342 shares were surrendered/withheld at $0.00 to satisfy tax withholding obligations.
Key Details
- Transaction date: February 15, 2026; Form 4 filed February 18, 2026 (appears timely).
- Acquired: 1,342 shares via RSU conversion (derivative exercise/conversion).
- Disposed/withheld: 1,342 shares at $0.00 (tax withholding).
- Footnotes: F1 — each RSU converts one-for-one into common stock; F2 — these RSUs were part of a 3,947‑RSU grant on Feb 15, 2023 vesting in three equal annual installments, with the third installment vesting Feb 15, 2026.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
Context
- This was a vesting of previously granted RSUs, not an open‑market buy or sale. The $0.00 disposition indicates shares were withheld to cover taxes (routine corporate tax withholding), which is neither a straightforward buy nor a market sale signal about the insider's view.