March 23, 2024 · Form 4 insider transaction
Minichiello Thomas P. sold 5,989 shares of EMCORE Corporation at $0.38 per share, a transaction worth $2.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
On March 23, 2023, the reporting person was granted 80,800 restricted stock units (RSUs), vesting in four equal annual installments beginning on the first anniversary of the grant date, which grant was previously reported on a Form 4, Table I. The reporting person vested in 20,200 shares on March 23, 2024 from this RSU award. The number of shares reported here represents the number of shares required to be withheld in accordance with Rule 16b-3 to cover the reporting person's tax withholding obligation in connection with the vesting of the RSUs on March 23, 2024.