Form 4: TTEC Digital CEO Seybold Reports RSU Vesting & Tax Withholding

TTEC Holdings' CEO of TTEC Digital, David J. Seybold, reported the vesting of 13,109 Restricted Stock Units and the subsequent withholding of 3,946 shares for tax obligations.

Summary

• David J. Seybold, CEO of TTEC Digital, reported changes in his beneficial ownership of TTEC Holdings, Inc. common stock.
• On November 28, 2025, Seybold acquired 13,109 shares of common stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Concurrently, 3,946 shares were disposed of at a price of $3.36 to satisfy tax obligations related to the RSU vesting, with no shares sold on the open market.
• Following these transactions, Seybold directly beneficially owns 49,690 shares of common stock and 26,218 Restricted Stock Units.
• The RSUs were originally granted on December 7, 2022, for 65,545 units, with 40% vesting on November 28, 2024, and 20% vesting annually thereafter.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation event (RSU vesting) and subsequent tax withholding. It's a neutral event, slightly positive as it shows executive equity retention, but not significantly impactful on its own.

Positives

• The vesting of Restricted Stock Units indicates the fulfillment of long-term incentive compensation for a key executive.
• The disposition of shares was solely for tax withholding purposes, not an open market sale by the executive.

Negatives

• The reduction in directly held common stock by 3,946 shares, although for tax purposes, slightly decreases the executive's direct equity stake.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of executive stock transactions, specifically related to the vesting of long-term incentive awards. It does not provide broader industry context or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and ownership changes, which is generally positive for corporate governance.
• Employees: Reflects standard executive compensation practices, which can influence employee perception of fairness and incentive structures.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving RSU vesting and tax withholding. It does not present new information that would fundamentally alter the investment thesis for TTEC Holdings, Inc. The executive is retaining a significant portion of the vested shares, which is a neutral to slightly positive signal regarding management's alignment with shareholder interests. However, without additional financial or operational news, this filing alone does not warrant a change in investment recommendation.

Keywords

TTEC Holdings, TTEC, David J. Seybold, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding