Denton John Russel 4
Research Summary
AI-generated summary
Caris (CAI) SVP John Russel Withholds 6,047 Shares for Taxes
What Happened
John Russel, Senior Vice President, General Counsel, and Secretary of Caris Life Sciences (CAI), had 6,047 shares withheld to satisfy tax obligations arising from the vesting and settlement of restricted stock units (RSUs). The withholding was recorded at $15.25 per share for a total value of $92,217. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (filed timely).
- Shares withheld/disposed: 6,047 at $15.25 each; total value reported: $92,217.
- Transaction code: F — shares withheld for tax withholding on RSU vesting (footnote F1).
- Shares owned after the transaction: not specified in this filing.
Context
This was a routine tax-withholding event tied to RSU vesting (cashless settlement), not an intentional market sale. Such withholdings are common and do not necessarily indicate insider sentiment about the company’s stock.