Form 4: International Money Express CFO Andras Bende Reports Share Withholdings for Tax Obligations
SEC Form 4 Filing
Andras Bende, CFO of International Money Express, Inc., reports the withholding of shares to cover tax obligations related to the vesting of restricted stock units.
Summary
- On February 15, 2025, Andras Bende, the Chief Financial Officer of International Money Express, Inc. (IMXI), had 1,569 shares of common stock withheld by the issuer to cover tax obligations at a price of $18.43 per share.
- On February 28, 2025, 948 shares were withheld at $15.32 per share.
- Also on February 28, 2025, another 1,138 shares were withheld at $15.32 per share.
- On March 4, 2025, 914 shares were withheld at $14.70 per share.
- Following these transactions, Bende directly owns 120,953 shares of IMXI common stock.
- Bende has also granted a power of attorney to Robert Lisy, Robert Pargac, and Santiago Bravo to handle securities filings on his behalf.
Sentiment
Score: 7
Explanation: The document is neutral in tone, detailing routine transactions. The sentiment is slightly positive as it reflects ongoing equity compensation for a key executive.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the shares being withheld.
Key Dates
| Date | Description |
|---|---|
| 1/5/2025 | Date of Power of Attorney execution by Andras Bende |
| 02/15/2025 | Share withholding transaction date |
| 02/28/2025 | Share withholding transaction date |
| 03/04/2025 | Share withholding transaction date |
| 03/14/2025 | Signature date of the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.