InvestorsHub Logo
Followers 7
Posts 271
Boards Moderated 0
Alias Born 11/18/2010

Re: PennyWorld post# 246

Wednesday, 03/13/2019 7:06:07 PM

Wednesday, March 13, 2019 7:06:07 PM

Post# of 841
Not that it matters much now, but the answer is right on the Form 4 if you look for the Explanation.

"1. The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs") of the Issuer."

Anytime you see a bunch of executives filing Forms 4 at the same time for small amounts, just assume that's what it's for (or read the explanation). Anyway, it's insignificant and irrelevant.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.