Seger Brett A. 4
Research Summary
AI-generated summary
DMC Global (BOOM) CAO Brett Seger Withholds 1,212 Shares
What Happened
- Brett A. Seger, Chief Accounting Officer of DMC Global (ticker: BOOM), had 1,212 shares withheld to satisfy tax withholding obligations upon the vesting of an equity award. The shares were valued at $6.39 each, totaling $7,745. This was a tax-withholding disposition (not an open-market sale or a purchase) and is typically a routine administrative action.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed within the standard 2 business-day window).
- Price per share: $6.39; Total value: $7,745.
- Shares owned after the transaction: not specified in the provided filing data.
- Footnote: F1 — represents withholding of shares to satisfy tax obligations upon vesting of the underlying award.
- Transaction code: F (tax withholding/cashless share retention), not a buy (P) or open-market sale (S).
Context
- This was a tax-withholding event tied to vesting of an award (cashless withholding) rather than an active sale on the market; such transactions are common and typically do not signal a deliberate investment decision by the insider.