Walter Eric V. 4
Research Summary
AI-generated summary
DMC Global (BOOM) CFO Eric V. Walter Sells Shares (Tax Withholding)
What Happened
- Eric V. Walter, Chief Financial Officer of DMC Global Inc. (BOOM), had 9,328 shares withheld to satisfy tax obligations tied to vested awards. The filing shows 6,407 shares withheld at $6.39 each ($40,941) on Feb 26, 2026, and 2,921 shares withheld at $5.89 each ($17,205) on Feb 28, 2026 — a combined value of $58,146. These were withholding dispositions (transaction code F), not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-02-26: 6,407 shares @ $6.39 = $40,941 (withheld for taxes)
- 2026-02-28: 2,921 shares @ $5.89 = $17,205 (withheld for taxes)
- Total shares withheld: 9,328; total value: $58,146.
- Shares owned after the transactions: not disclosed in this filing.
- Footnote: F1 — withholding of shares to satisfy tax obligations upon vesting of the underlying award.
- Filing timing: Form 4 was filed 2026-03-02; no late-filing indication is noted in the report.
Context
- These transactions are routine tax-withholding dispositions tied to vesting awards (code F), effectively a cashless method where the company retains shares to cover tax liabilities. This is not an open-market sale and should not necessarily be interpreted as a change in the insider’s market view.
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