Gabel Daniel G. 4
Research Summary
AI-generated summary
ONE STOP SYSTEMS CFO Daniel Gabel Forfeits 7,799 Shares for Taxes
What Happened
- Daniel G. Gabel, Chief Financial Officer of One Stop Systems, Inc. (OSS), had 23,761 vested restricted stock units (RSUs) convert into common shares on Feb 7, 2026. To satisfy tax withholding obligations, 7,799 of those shares were forfeited (withheld) to the company at a market price of $9.24 per share, for a value of about $72,063. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: February 7, 2026; Form 4 filed: March 2, 2026 (appears late relative to the usual 2-business-day reporting window).
- Shares forfeited/withheld: 7,799 at $9.24 each; total value ≈ $72,063 (used to cover tax liability).
- Nature of transaction: tax withholding upon RSU conversion (cashless withholding), coded F on the Form 4.
- Footnotes: The forfeited shares came from the conversion of 23,761 vested RSUs tied to a prior grant (reported Feb 7, 2025). The filing also notes the reporting person holds 132,762 unvested RSUs that remain subject to vesting conditions.
- Shares owned after transaction: not specified in the excerpted details of this filing; the filing does confirm remaining unvested RSUs (132,762).
Context
- This is a routine tax-withholding event tied to RSU vesting and does not indicate an active market sale or a new purchase. For retail investors, purchases or open-market sales may carry more direct signal about insider sentiment; withholding to satisfy taxes is administrative. The late filing may be worth noting but does not change the nature of the transaction.