RISKIFIED President Ravi Withholds 118,867 Shares for Taxes
$RSKD · RISKIFIED LTD.Research Summary
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RISKIFIED President Ravi Withholds 118,867 Shares for Taxes
What Happened
Kumaraswami Ravi, President Worldwide Field Operations of RISKIFIED Ltd. (RSKD), had 118,867 Class A ordinary shares withheld on 2026-07-06 to satisfy $596,712 of tax liability related to the vesting of previously granted restricted stock units (RSUs). The shares were valued at $5.02 each. This was a tax-withholding disposition (Form 4 code F), a routine administrative step when RSUs vest rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-07-06. Price: $5.02 per share. Shares withheld: 118,867. Value: $596,712. (Reported as disposition under code F.)
- Shares owned after transaction: Not specified numerically in the filing; filing notes holdings include both Class A shares and outstanding RSUs (see footnote F2).
- Footnotes: F1 — shares withheld to cover Reporting Person's tax liability on vested RSUs; F2 — holdings reported include Class A shares and outstanding RSUs (each RSU = one Class A share upon vesting).
- Filing timeliness: Report filed with SEC on 2026-07-06 (same day as transaction); no late filing indicated.
Context
Code F transactions are routine tax-withholding actions when RSUs vest: the company withholds a portion of the vested shares instead of requiring a cash payment. This reduces the insider’s total share count but does not reflect an open-market sale or an investment decision. For retail investors, tax-withholding dispositions are administrative and typically do not signal the insider’s view on the company’s near-term prospects.