Form 4: Rumble CTO's Stock Withholding for Tax Liability

Rumble Inc.'s Chief Technology Officer, Wojciech Hlibowicki, had 917 shares of Class A Common Stock withheld by the company on November 14, 2025, to cover tax obligations related to RSU vesting.

Summary

• Wojciech Hlibowicki, Chief Technology Officer of Rumble Inc. (RUM), reported a transaction on November 14, 2025.
• The transaction involved the disposition of 917 shares of Class A Common Stock, par value $0.0001 per share.
• These shares were withheld by Rumble Inc. to satisfy tax liability arising from the vesting of restricted stock units (RSUs).
• The shares were valued at $5.64 per share for the purpose of the withholding.
• This withholding represents the third of four substantially equal annual installments for RSU vesting.
• Following this transaction, Mr. Hlibowicki beneficially owns 85,009 shares of Class A Common Stock.
• Mr. Hlibowicki did not sell any shares as part of this reported transaction.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation (tax withholding for RSU vesting). This is a neutral event with no inherent positive or negative implications for the company's operational or financial performance.

Future Outlook

The filing indicates that restricted stock units vest in four substantially equal annual installments, with the next vesting date occurring after November 14, 2025, but no specific future dates or guidance are provided beyond this schedule.

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation, specifically the tax withholding associated with the vesting of restricted stock units. Such transactions are common across publicly traded companies as part of their equity compensation plans and do not typically reflect broader industry trends or strategic shifts.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction related to executive compensation and does not reflect a change in company fundamentals or strategy.
• Employees: No direct impact on the broader employee base, as this relates to a specific executive's equity compensation.

Next Steps

• The remaining installment of restricted stock units will vest on a future date, leading to a similar tax withholding event.

Key Dates

Keywords

Rumble, RUM, Form 4, Insider Transaction, Wojciech Hlibowicki, Chief Technology Officer, CTO, Restricted Stock Units, RSU, Tax Withholding, Equity Compensation