TTEC Holdings, Inc.·4

Jun 2, 4:44 PM ET

BROWN CHRISTOPHER (JOHN) 4

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TTEC President Christopher Brown Receives RSUs; Shares Withheld

What Happened
Christopher (John) Brown, President of TTEC Digital at TTEC Holdings, had 8,096 restricted stock units (RSUs) vest on May 30, 2026 (reported on a Form 4 filed June 2, 2026). The RSUs converted to shares at no exercise price. To satisfy tax withholding, 2,328 of those shares were withheld (valued at $2.72 each, total ~$6,332), leaving a net issuance to Brown of 5,768 shares.

Key Details

  • Transaction date: May 30, 2026; Form 4 filed June 2, 2026 (timely).
  • Vesting/conversion: 8,096 RSUs converted to shares (reported as derivative exercise/conversion, code M) at $0.00 per share.
  • Tax withholding: 2,328 shares withheld (code F) at $2.72/share, total value reported $6,332. No shares were sold in the open market.
  • Net new shares delivered to Brown from this vesting: 5,768 shares.
  • Footnotes: F1 — these were part of an original grant of 24,290 time‑based RSUs awarded May 30, 2024 that vest ~33% per year; F2 — withholding to satisfy tax obligations (not a sale).
  • Shares owned after the transaction are not disclosed in the filing.

Context
This was an ordinary equity‑compensation event (RSU vesting), not an open‑market trade. The conversion is reported as a derivative exercise (typical for RSUs converting to common shares), and the withholding of shares to cover taxes is a routine administrative disposition rather than a voluntary sell. For retail investors, these filings show executives receiving equity, but the withholding reduces the net shares actually delivered.