Form 4: Thryv Holdings CEO Joe Walsh Reports Routine Stock Vesting Tax Withholding

Thryv Holdings, Inc. Chairman and CEO Joe Walsh reported the withholding of 1,750 common shares to cover tax obligations related to the vesting of restricted stock units.

Summary

• Joe Walsh, Chairman and CEO of Thryv Holdings, Inc. (THRY), filed a Form 4 disclosing changes in his beneficial ownership.
• The filing reports the disposition of 1,750 common shares on June 5, 2025, at a price of $13.47 per share.
• These shares were withheld by Thryv Holdings to satisfy tax withholding obligations in connection with the vesting of previously granted restricted stock units.
• Following these transactions, Mr. Walsh directly beneficially owns 584,293 common shares.
• Additionally, Mr. Walsh indirectly beneficially owns 1,625,206 common shares through a trust.

Sentiment

Score: 5

Explanation: The transaction is a neutral, routine compliance event related to executive compensation and tax obligations, not indicative of positive or negative discretionary action.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically related to tax withholding upon the vesting of restricted stock units. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction represents a minor, non-discretionary reduction in direct insider ownership due to tax withholding, which is a common occurrence and generally has no material impact on shareholder value or perception.

Key Dates

Keywords

Thryv Holdings, THRY, Joe Walsh, Form 4, SEC filing, insider transaction, stock ownership, restricted stock units, tax withholding, CEO, corporate governance