Form 4: AudioEye CEO Moradi Sells Shares for Tax Obligations
Insider Transaction Report
AudioEye CEO David Moradi reported the disposition of 20,849 common shares to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- David Moradi, CEO, Director, and 10% owner of AudioEye Inc. (AEYE), reported a transaction on January 9, 2026.
- The transaction involved the disposition of 20,849 shares of common stock at a price of $9.48 per share.
- These shares were withheld by the issuer to cover tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Moradi directly beneficially owns 1,009,486 shares of common stock.
- Additionally, Moradi indirectly beneficially owns 1,864,290 shares through Sero Capital LLC, where he is the Managing Partner.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate significant positive or negative sentiment regarding the company's performance or outlook.
Positives
- The transaction is a routine tax withholding event, indicating the vesting of restricted stock units, which can be seen as a positive for executive compensation and retention.
Negatives
- No specific negative aspects are identified as this is a routine tax-related disposition.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.
Comparison to Industry Standards
- This filing is a standard insider transaction report and does not contain information suitable for comparison to global benchmarks, specific comparable companies, projects, or results.
Related Party Transactions
- The disposition of shares by David Moradi, the CEO, Director, and 10% owner, to the issuer (AudioEye Inc.) to cover tax obligations related to his compensation is considered a related party transaction.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related disposition and is unlikely to have a significant direct impact on shareholders, though it reflects the vesting of executive compensation.
- Employees: No direct impact on employees is indicated.
- Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated.
Key Dates
| Date | Description |
|---|---|
| 01/09/2026 | Date of earliest transaction (disposition of shares) |
| 01/13/2026 | Signature date of the reporting person's attorney-in-fact |
Keywords
AudioEye, AEYE, David Moradi, CEO, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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