May 17, 2024 · Form 4 insider transaction
Bharwani Denesh sold 38,283 shares of CPSS at $8.60 per share, a transaction worth $329.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents a "net exercise" of outstanding stock options. The reporting person received 21,717 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 38,283 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 17, 2023 of $8.60 per share.