Intellinetics CFO Joseph Spain's Tax Withholding Stock Disposition
This Form 4 filing reports that Joseph D. Spain, Chief Financial Officer of Intellinetics, Inc., disposed of 843 shares of common stock on April 8, 2026, at a price of $7.25 per share. The transaction was coded as "F" (tax withholding) and involved the remittance of stock to the company for payment of withholding taxes related to the currently vesting portion of a restricted stock grant originally awarded on March 28, 2025. Following this transaction, Spain's remaining ownership position in Intellinetics common stock stands at 30,907 shares. The filing indicates this was a direct ownership transaction and was filed timely on April 10, 2026. This type of transaction is common for executives when restricted stock vests and requires tax withholding obligations to be satisfied through share disposition.