Form 4: CFO Gatoff Sells INSG Shares for Tax Obligations

Inseego Corp.'s CFO, Steven Gatoff, disposed of 1,490 common shares at $10.33 each to cover tax liabilities from a restricted stock unit vesting.

Summary

• Steven Gatoff, Chief Financial Officer of Inseego Corp. (INSG), reported a transaction involving company common stock.
• On December 3, 2025, Gatoff disposed of 1,490 shares of common stock.
• The shares were disposed of at a price of $10.33 per share.
• This disposition was a 'tax withholding' transaction (Code F), meaning shares were withheld to cover tax liabilities.
• The tax liabilities are related to the vesting of a Restricted Stock Unit (RSU) award.
• The RSU award was originally granted on July 30, 2024.
• Following this transaction, Gatoff beneficially owns 168,275 shares of Inseego Corp. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding, which is a neutral event. It reflects the vesting of an RSU, which is positive for the executive, but also a reduction in direct share ownership.

Positives

• The transaction represents the vesting of a Restricted Stock Unit (RSU) award, which is a form of compensation for the executive.

Negatives

• A reduction in the direct beneficial ownership of common stock by a key executive, even if for tax purposes.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This is a routine insider transaction (tax withholding) and does not directly relate to broader industry trends, other than reflecting standard executive compensation practices involving equity awards.

Comparison to Industry Standards

• This is a standard practice for executives receiving equity compensation. When Restricted Stock Units (RSUs) vest, the recipient typically incurs a tax liability.
• Companies often facilitate the payment of these taxes by withholding a portion of the vested shares. This is a common mechanism across publicly traded companies, including peers in the technology or telecommunications sector, such as Sierra Wireless or CalAmp, where executives also receive equity-based compensation.
• The specific number of shares and price are unique to Inseego and the executive's compensation structure.

Related Party Transactions

• The transaction itself is a related party transaction between the company and its Chief Financial Officer, involving the vesting of an RSU award and subsequent tax withholding.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation.
• Employees: No direct impact on general employees.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by the CFO to cover tax obligations upon the vesting of Restricted Stock Units. Such transactions are common and do not typically signal a change in management's confidence or the company's fundamentals. Therefore, it provides no new information that would warrant a change in investment recommendation. The stock should be held based on existing fundamental analysis, not this specific filing.

Keywords

Inseego Corp, INSG, Steven Gatoff, CFO, Form 4, Beneficial Ownership, Stock Transaction, Restricted Stock Units, RSU, Tax Withholding, Insider Trading