Bradshaw Wenkai 4

What Happened
Bradshaw Wenkai, Chief Accounting Officer & SVP Corporate Controller of Teads Holding Co. (TEAD), had a total of 1,987 shares withheld by the company on March 7, 2026 to cover tax obligations tied to vesting/settlement of equity awards. The withholdings were in three tranches: 108 shares @ $0.84 ($91), 1,445 shares @ $0.84 ($1,214), and 434 shares @ $0.84 ($365), totaling about $1,670. These transactions are tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction date: 2026-03-07; per-share price reported: $0.84.
• Tranches: 108 shares ($91), 1,445 shares ($1,214), 434 shares ($365); total 1,987 shares (~$1,670).
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 = withholding for performance stock units under the 2021 Long-Term Incentive Plan; F2 = withholding for restricted stock units under the 2021 LTIP; F3 = withholding for restricted stock units under the 2007 Omnibus Plan. All reported as exempt under Rule 16b-3.
• Filing: Form 4 filed 2026-03-10 reporting the Mar 7 transactions.

Context
Code F transactions are company-withheld shares to satisfy tax withholding when awards vest (a cashless withholding), so although reported as "disposed," they are routine administrative actions rather than an insider selling shares on the open market. Such withholdings are common and typically do not signal a change in insider sentiment; investors generally view open-market purchases as more informative about insider conviction.