4/A: Teads CEO Corrects Share Withholding on Equity Award
Statement of Changes in Beneficial Ownership Amendment
Teads Holding Co. CEO David Kostman filed an amended Form 4 to correct the number of shares withheld for tax obligations related to an equity award vesting.
Summary
- David Kostman, Chief Executive Officer and Director of Teads Holding Co. (TEAD), filed an amended Statement of Changes in Beneficial Ownership (Form 4/A).
- The amendment corrects the number of shares withheld to satisfy tax withholding obligations in connection with an equity award vesting that occurred on March 7, 2025.
- The previously reported number of shares withheld was overstated by 1,365 shares.
- The corrected number of shares withheld is 9,758, at a price of $4.23 per share.
- Following this transaction, David Kostman beneficially owns 1,215,320 shares of Common Stock directly.
- No other information from the original Form 4, filed on March 11, 2025, or its subsequent amendment on December 9, 2025, has been revised.
Sentiment
Score: 5
Explanation: The filing is neutral as it is a routine amendment to correct a minor error in a previously reported insider transaction, with no material impact on the company's financial position or outlook.
Future Outlook
This filing is a correction of a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction amendment, common for publicly traded companies, and does not reflect broader industry trends or competitive dynamics. It is a compliance-related filing correcting a minor detail in a previously reported equity award vesting.
Stakeholder Impact
- Shareholders: Minimal to no impact, as this is a correction of a minor detail in a past insider transaction and does not alter the fundamental value or prospects of the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of original equity award vesting transaction. |
| 03/11/2025 | Date of original Form 4 filing. |
| 12/09/2025 | Date of this Form 4/A amendment filing. |
Keywords
Teads Holding Co., TEAD, Form 4/A, Insider Transaction, Equity Award, Tax Withholding, Beneficial Ownership, David Kostman, SEC Filing
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