CONNORS MICHAEL P 4
4 · Information Services Group Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Information Services Group (III) 10% Owner Michael Connors Withholds Shares
What Happened Michael P. Connors, a reported 10% owner of Information Services Group (ticker: III), had 56,359 shares of common stock withheld (deemed disposition) on March 17, 2026 to satisfy tax withholding obligations tied to vested restricted stock units. The withholding was recorded at $4.01 per share for a total value of approximately $226,000. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: March 17, 2026; 56,359 shares at $4.01/share (total ≈ $226,000).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting (deemed disposition to the issuer).
- Filing: Form 4 filed March 19, 2026 reporting the March 17 transaction (appears timely based on the filing date).
Context Tax-withholding disposals on RSU vesting are routine and generally reflect payroll tax obligations rather than a market-driven sale; they do not necessarily indicate a change in the insider’s view of the company. As a 10% owner, Connors is a significant holder and such dispositions are reported on Form 4 under insider transaction rules.
Insider Transaction Report
- Tax Payment
Shares of Common Stock
[F1]2026-03-17$4.01/sh−56,359$226,000→ 5,083,172 total
Footnotes (1)
- [F1]Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of restricted stock units issued in accordance with Rule 16b-3.