Form 4: Thryv Executive Reports Stock Transactions

Thryv Holdings' Executive VP of Operations, John F. Wholey, reported the acquisition of 84,337 restricted stock units and the disposition of shares for tax obligations.

Summary

• John F. Wholey, Executive VP of Operations at Thryv Holdings, Inc. (THRY), reported several transactions involving the company's common stock.
• On January 5, 2026, Wholey acquired 84,337 restricted stock units (RSUs) under the Issuer's 2020 Incentive Award Plan.
• These newly acquired RSUs are scheduled to vest in three equal annual installments, commencing in January 2027.
• Concurrently, on January 5 and 6, 2026, Wholey disposed of a total of 18,012 shares of common stock to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units.
• The disposed shares included 5,047 shares at $5.81, 6,099 shares at $5.81, and 6,866 shares at $5.98.
• Following these transactions, Wholey's direct beneficial ownership of Thryv Holdings common stock stands at 298,020 shares.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (RSU grant and tax-related share dispositions), which are neutral events in terms of company performance or outlook.

Positives

• Acquisition of 84,337 restricted stock units (RSUs) by a key executive, which aligns management interests with long-term shareholder value.
• The RSUs are granted under the company's 2020 Incentive Award Plan, indicating ongoing executive incentive programs designed to motivate performance.

Negatives

• Disposition of 18,012 shares of common stock for tax withholding purposes, which is a routine event upon RSU vesting and not indicative of a negative operational or financial outcome.

Future Outlook

The newly acquired restricted stock units (RSUs) will vest in three equal annual installments beginning in January 2027, indicating a future incentive structure for the executive tied to long-term company performance.

Industry Context

This Form 4 filing details routine insider transactions related to executive compensation, specifically the grant of restricted stock units and the subsequent disposition of shares to cover tax obligations upon vesting. Such transactions are common across publicly traded companies as part of their executive incentive and compensation plans.

Stakeholder Impact

• Shareholders: Minor impact as these are routine executive compensation and tax-related transactions. The grant of RSUs aligns executive interests with long-term company performance, potentially benefiting shareholders over time.
• Employees: No direct impact on the broader employee base is mentioned in this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• The restricted stock units granted on January 5, 2026, will begin vesting in three equal annual installments starting in January 2027.

Key Dates

Keywords

Thryv Holdings, THRY, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Stock Ownership