Form 4: Thryv Holdings CEO Joe Walsh Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Joe Walsh, Chairman and CEO of Thryv Holdings, reports disposals of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 5, 2025, Joe Walsh, the Chairman and CEO of Thryv Holdings, Inc., disposed of 369 and 446 common shares at a price of $18.55.
- These disposals were to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Walsh directly owns 568,520 common shares and indirectly owns 1,625,206 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine tax-related stock disposals.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of stock disposal for tax withholding. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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