Form 4: Thryv Holdings CEO Sells Shares for Tax Obligations

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

Summary

• Joe Walsh, Chairman and CEO of Thryv Holdings, Inc. (THRY), reported transactions involving the disposition of common shares.
• On February 5, 2026, 958 common shares were disposed of at a price of $3.89 per share.
• On February 6, 2026, an additional 1,167 common shares were disposed of at a price of $3.90 per share.
• These dispositions represent shares withheld by the Issuer to satisfy tax withholding obligations of Mr. Walsh in connection with the vesting of previously granted restricted stock units.
• Following these transactions, Mr. Walsh directly beneficially owns 733,959 common shares.
• Additionally, Mr. Walsh indirectly beneficially owns 1,625,206 common shares through a trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transactions are routine tax-related dispositions of shares upon vesting of restricted stock units and do not indicate a change in the company's operational performance or the insider's investment outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine tax-related dispositions by insiders, such as those reported in this Form 4, are common occurrences when restricted stock units or other equity awards vest. These transactions are typically administrative in nature and generally do not reflect a change in the insider's sentiment regarding the company's future prospects or broader industry trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related transactions and not a discretionary sale indicating a change in confidence.

Key Dates

Recommendation

The reported transactions are routine dispositions of shares to cover tax obligations upon the vesting of restricted stock units, which does not reflect a change in the insider's investment sentiment or the company's fundamentals. Therefore, a 'hold' recommendation is appropriate as this filing provides no new material information to alter an existing investment thesis.

Keywords

Thryv Holdings, THRY, Joe Walsh, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, Common Shares