Form 4: Inseego CFO's Stock Sale for Tax Obligations
Insider Transaction Report
Inseego's Chief Financial Officer, Steven Gatoff, disposed of 4,115 shares of common stock to cover tax liabilities related to a restricted stock unit award.
Summary
- Steven Gatoff, Chief Financial Officer of Inseego Corp. (INSG), reported a transaction involving company common stock.
- On October 2, 2025, Gatoff disposed of 4,115 shares of Inseego common stock.
- The disposition was a withholding of shares to cover tax liabilities associated with a restricted stock unit (RSU) award.
- The shares were valued at $14.97 per share for the purpose of this tax withholding.
- Following this transaction, Steven Gatoff beneficially owns 173,880 shares of Inseego common stock directly.
- The RSU award, to which these tax liabilities relate, was granted on July 30, 2024, and was previously reported.
Sentiment
Score: 5
Explanation: Neutral, as it represents a routine tax-related transaction for an executive's RSU vesting, which is a common practice and not indicative of positive or negative company performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This filing details a routine executive compensation-related transaction and does not provide information relevant to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine tax-related transaction for executive compensation and not a discretionary sale or a significant change in ownership that would affect market perception.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of grant for the Restricted Stock Unit (RSU) award. |
| 10/02/2025 | Transaction date for the disposition of common stock to cover tax liabilities. |
| 10/06/2025 | Signature date of the reporting person's attorney-in-fact for the Form 4 filing. |
Keywords
Inseego, INSG, Steven Gatoff, CFO, Form 4, stock transaction, restricted stock units, RSU, tax withholding, insider trading
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