Aman Todd 4
Research Summary
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FiscalNote (NOTE) Aman Todd Withholds 317 Shares for Taxes
What Happened Aman Todd, FiscalNote's Chief Legal & Administrative Officer, had 317 shares of Class A common stock withheld to satisfy the tax obligation when 893 restricted stock units (RSUs) vested. The withholding was executed at $1.57 per share for a total value of approximately $498. This was a tax-withholding disposition (routine administrative action), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (appears timely).
- Withheld shares: 317 shares at $1.57 per share; total value ≈ $498.
- Related RSUs vested: 893 restricted stock units; net shares issued to Todd = 893 − 317 = 576 shares.
- Transaction code: F (shares withheld to satisfy tax withholding on vesting).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 confirms withholding was to satisfy tax obligations upon RSU vesting.
Context Tax withholding on RSU vesting is a common, administrative disposition and does not necessarily signal insider buying or selling intent. This was not an open-market sale; shares were retained by the company to cover payroll/tax withholding.