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[Form 4] Thryv Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Thryv Holdings director and CEO Joe Walsh reported two small dispositions on 09/05/2025 tied to tax-withholding for vested restricted stock units. The Form 4 shows 793 shares and 957 shares were disposed at $12.50 per share under transaction code F, which the filer explains represents shares withheld by the issuer to satisfy tax withholding obligations. After these transactions, the filing lists Mr. Walsh with direct holdings of 589,689 and 588,732 common shares on separate lines and 1,625,206 shares held indirectly by trust.

Il direttore e CEO di Thryv Holdings, Joe Walsh, ha segnalato due piccole cessioni il 05/09/2025 relative alla ritenuta fiscale su unità di azioni vincolate maturate. Il Modulo 4 indica che sono state cedute 793 azioni e 957 azioni al prezzo di $12.50 per azione con codice di transazione F, che il dichiarante precisa corrispondere a azioni trattenute dall'emittente per assolvere agli obblighi di ritenuta fiscale. Dopo queste operazioni, il filing riporta per il sig. Walsh partecipazioni dirette di 589,689 e 588,732 azioni ordinarie su due righe distinte e 1,625,206 azioni detenute indirettamente tramite trust.

El director y CEO de Thryv Holdings, Joe Walsh, informó dos pequeñas disposiciones el 05/09/2025 vinculadas a la retención fiscal por unidades restringidas de acciones que ya habían vencido. El Formulario 4 muestra que se dispusieron 793 acciones y 957 acciones a $12.50 por acción bajo el código de transacción F, que el declarante explica que representa acciones retenidas por el emisor para cubrir obligaciones de retención fiscal. Tras estas transacciones, la presentación lista al Sr. Walsh con participaciones directas de 589,689 y 588,732 acciones ordinarias en dos líneas separadas y 1,625,206 acciones mantenidas de forma indirecta mediante un fideicomiso.

Thryv Holdings� 이사 � CEO� Joe Walsh� 2025� 9� 5일에 이미 확정� 제한주식단위� 세금 원천징수와 관련된 소규� 처분 � 건을 보고했습니다. Form 4에는 거래 코드 F� 주당 $12.50793주와 957주가 처분� 것으� 나와 있으�, 제출자는 � 코드가 발행사가 세금 원천징수 의무� 충족하기 위해 주식� 차감� 것이라고 설명합니�. � 거래 � 신고서에� Walsh 씨가 별도 항목으로 직접 보유� 보통� 589,689주와 588,732�, 그리� 신탁� 통해 간접 보유� 1,625,206주를 보유� 것으� 기재되어 있습니다.

Le directeur et PDG de Thryv Holdings, Joe Walsh, a déclaré deux petites cessions le 05/09/2025 liées à la retenue d'impôt sur des unités d'actions restreintes acquises. Le formulaire 4 indique que 793 actions et 957 actions ont été cédées à $12.50 par action sous le code de transaction F, que le déclarant explique représenter des actions retenues par l'émetteur pour satisfaire les obligations de retenue fiscale. Après ces opérations, le dépôt liste M. Walsh avec des détentions directes de 589,689 et 588,732 actions ordinaires sur des lignes distinctes et 1,625,206 actions détenues indirectement par un trust.

Der Direktor und CEO von Thryv Holdings, Joe Walsh, meldete zwei kleine Veräußerungen am 05.09.2025 im Zusammenhang mit der Steuerabführung für fällig gewordene Restricted Stock Units. Das Formular 4 zeigt, dass 793 Aktien und 957 Aktien zu $12.50 je Aktie unter dem Transaktionscode F veräußert wurden; der Melder erklärt, dass dies Aktien sind, die vom Emittenten einbehalten wurden, um Steuerabzugsverpflichtungen zu erfüllen. Nach diesen Transaktionen listet die Einreichung Herrn Walsh mit direkten Beständen von 589,689 und 588,732 Stammaktien auf separaten Zeilen sowie mit 1,625,206 Aktien, die indirekt über einen Trust gehalten werden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding share dispositions; not a material signal about company performance.

The Form 4 discloses two small disposals (793 and 957 shares) executed at $12.50 per share and labeled with transaction code F, with an explicit explanation that the shares were withheld to satisfy tax obligations from vested restricted stock units. The absolute sizes of the disposals are immaterial relative to the reported direct and indirect holdings, and the filing contains no indications of sales for cash-generation or altering ownership stakes. From a market-impact perspective this is a routine insider administrative transaction.

TL;DR: Compliance disclosure is complete and timely for routine withholding; governance implications are minimal.

The reporting identifies Mr. Walsh as both Chairman and CEO and shows the transaction was recorded on 09/05/2025 and signed by an attorney-in-fact on 09/09/2025. The explicit remark states the disposals were for tax withholding on vested RSUs, which aligns with common compensation practices. There is no indication of changes to board or executive roles, nor of additional derivative activity. Governance watchers should note continued substantial direct and indirect ownership but the filing itself conveys no governance concerns.

Il direttore e CEO di Thryv Holdings, Joe Walsh, ha segnalato due piccole cessioni il 05/09/2025 relative alla ritenuta fiscale su unità di azioni vincolate maturate. Il Modulo 4 indica che sono state cedute 793 azioni e 957 azioni al prezzo di $12.50 per azione con codice di transazione F, che il dichiarante precisa corrispondere a azioni trattenute dall'emittente per assolvere agli obblighi di ritenuta fiscale. Dopo queste operazioni, il filing riporta per il sig. Walsh partecipazioni dirette di 589,689 e 588,732 azioni ordinarie su due righe distinte e 1,625,206 azioni detenute indirettamente tramite trust.

El director y CEO de Thryv Holdings, Joe Walsh, informó dos pequeñas disposiciones el 05/09/2025 vinculadas a la retención fiscal por unidades restringidas de acciones que ya habían vencido. El Formulario 4 muestra que se dispusieron 793 acciones y 957 acciones a $12.50 por acción bajo el código de transacción F, que el declarante explica que representa acciones retenidas por el emisor para cubrir obligaciones de retención fiscal. Tras estas transacciones, la presentación lista al Sr. Walsh con participaciones directas de 589,689 y 588,732 acciones ordinarias en dos líneas separadas y 1,625,206 acciones mantenidas de forma indirecta mediante un fideicomiso.

Thryv Holdings� 이사 � CEO� Joe Walsh� 2025� 9� 5일에 이미 확정� 제한주식단위� 세금 원천징수와 관련된 소규� 처분 � 건을 보고했습니다. Form 4에는 거래 코드 F� 주당 $12.50793주와 957주가 처분� 것으� 나와 있으�, 제출자는 � 코드가 발행사가 세금 원천징수 의무� 충족하기 위해 주식� 차감� 것이라고 설명합니�. � 거래 � 신고서에� Walsh 씨가 별도 항목으로 직접 보유� 보통� 589,689주와 588,732�, 그리� 신탁� 통해 간접 보유� 1,625,206주를 보유� 것으� 기재되어 있습니다.

Le directeur et PDG de Thryv Holdings, Joe Walsh, a déclaré deux petites cessions le 05/09/2025 liées à la retenue d'impôt sur des unités d'actions restreintes acquises. Le formulaire 4 indique que 793 actions et 957 actions ont été cédées à $12.50 par action sous le code de transaction F, que le déclarant explique représenter des actions retenues par l'émetteur pour satisfaire les obligations de retenue fiscale. Après ces opérations, le dépôt liste M. Walsh avec des détentions directes de 589,689 et 588,732 actions ordinaires sur des lignes distinctes et 1,625,206 actions détenues indirectement par un trust.

Der Direktor und CEO von Thryv Holdings, Joe Walsh, meldete zwei kleine Veräußerungen am 05.09.2025 im Zusammenhang mit der Steuerabführung für fällig gewordene Restricted Stock Units. Das Formular 4 zeigt, dass 793 Aktien und 957 Aktien zu $12.50 je Aktie unter dem Transaktionscode F veräußert wurden; der Melder erklärt, dass dies Aktien sind, die vom Emittenten einbehalten wurden, um Steuerabzugsverpflichtungen zu erfüllen. Nach diesen Transaktionen listet die Einreichung Herrn Walsh mit direkten Beständen von 589,689 und 588,732 Stammaktien auf separaten Zeilen sowie mit 1,625,206 Aktien, die indirekt über einen Trust gehalten werden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Walsh Joe

(Last) (First) (Middle)
2200 WEST AIRFIELD DRIVE,
P.O. BOX 619810

(Street)
DFW AIRPORT TX 75261

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Thryv Holdings, Inc. [ THRY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 09/05/2025 F 793(1) D $12.5 589,689 D
Common Shares 09/05/2025 F 957(1) D $12.5 588,732 D
Common Shares 1,625,206 I By trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted stock units previously granted to the Reporting Person.
Remarks:
/s/ Meredith Kennedy, attorney in fact 09/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did THRY insider Joe Walsh report on Form 4?

The Form 4 reports two dispositions on 09/05/2025 of 793 and 957 shares at $12.50 per share, withheld to satisfy tax obligations from vested restricted stock units.

Why were shares disposed according to the filing for THRY?

The filing explicitly states the shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units.

How many THRY shares does Joe Walsh beneficially own after the reported transactions?

The Form 4 lists direct holdings of 589,689 and 588,732 on separate lines and 1,625,206 shares held indirectly by trust following the transactions.

What is transaction code F on a Form 4 for THRY?

In this filing, transaction code F is used for dispositions that the filer explains were share withholdings to cover tax obligations from vested RSUs.

Who signed the THRY Form 4 filing for Joe Walsh?

The Form 4 is signed by Meredith Kennedy, attorney in fact on 09/09/2025 for the reporting person.
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