Form 4: MDB Capital CFO Sells Shares for Tax Obligations

MDB Capital Holdings CFO Jeremy James sold shares to cover tax withholding obligations from restricted stock vesting.

Summary

• Jeremy William James, CFO of MDB Capital Holdings, LLC (MDBH), reported two sales of common stock.
• On January 23, 2026, 60 shares were sold at an average price of $3.34 per share, with prices ranging from $3.32 to $3.39.
• Following this transaction, James beneficially owned 23,279 shares directly.
• On January 26, 2025, 3,440 shares were sold at an average price of $3.32 per share, with prices ranging from $3.30 to $3.34.
• Following this transaction, James beneficially owned 19,839 shares directly.
• The sales were conducted as 'sell to cover' transactions to satisfy mandatory non-discretionary tax withholding obligations related to the vesting of previously reported restricted stock grants.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were sold, it was for a non-discretionary tax obligation related to the vesting of restricted stock, which is a positive compensation event for the insider. It does not indicate a lack of confidence in the company.

Positives

• The underlying event for the sales was the vesting of restricted stock grants, which is a positive for the reporting person as it represents compensation becoming exercisable.

Negatives

• No inherently negative aspects are identified, as the sales were for tax withholding purposes rather than a discretionary decision to reduce exposure to the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The sales reported represent the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported.
• This sale is to satisfy mandatory non-discretionary tax withholding obligations by a 'sell to cover' transaction.

Industry Context

This insider transaction report is specific to the individual's compensation and tax obligations and does not directly reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The impact is minimal as 'sell to cover' transactions are routine and do not typically signal a change in management's confidence or company fundamentals. The number of shares sold is relatively small compared to the total outstanding shares.
• Employees: The vesting of restricted stock grants is a positive for the CFO, representing a component of their compensation package.

Key Dates

Keywords

MDB Capital Holdings, MDBH, Jeremy James, CFO, Insider Trading, Form 4, Stock Sale, Sell to Cover, Restricted Stock, Tax Withholding