Form 4: Thryv Holdings CEO Joe Walsh Sells Shares to Cover Tax Obligations

Thryv Holdings CEO Joe Walsh disposed of 18,888 common shares to cover tax obligations related to vesting performance stock units.

Summary

• On February 28, 2025, Joe Walsh, the Chairman and CEO of Thryv Holdings, Inc., disposed of 18,888 common shares.
• The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of performance stock units.
• The transaction price was $17.24 per share.
• Following the transaction, Walsh directly owns 584,924 common shares and indirectly owns 1,625,206 common shares through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice among corporate executives. It doesn't necessarily reflect a positive or negative outlook on the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related sale and doesn't necessarily indicate a change in the executive's long-term outlook for the company.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Thryv Holdings, Joe Walsh, Share Disposal, Tax Obligations, Common Shares, Beneficial Ownership, Director, CEO