Aug. 19 at 3:35 AM
$QS
For some context on today’s RSU activity, the Form 144s explicitly state:
“The number of shares to be sold represents an estimate of the amount necessary to cover tax obligations on the release of restricted stock units.”
Here’s how the August 17–18 vesting cycle breaks down:
* Mohit Singh: 59,669 vested → 38,785 sold for taxes → 20,884 retained
* Luca Giovanni Fasoli: 57,170 vested → 37,160 sold for taxes → 20,010 retained
* Kevin Hettrich: 55,109 vested → 35,821 sold for taxes → 19,288 retained
* Michael O. McCarthy III: 55,079 vested → 35,801 sold for taxes → 19,278 retained
The filings themselves explain that these are tax-related sales associated with RSU releases, and the executives retained roughly 35–37% of the newly vested shares.
