Tax-driven Allbirds (BIRD) CFO share sale reported in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allbirds, Inc. Chief Financial Officer Mitchell Ann reported an open-market sale of 2,200 shares of Class A common stock on March 3, 2026 at a weighted average price of $2.6957 per share. According to the disclosure, these shares were sold under a non-discretionary “sell to cover” arrangement to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units, rather than a voluntary portfolio decision. Following this tax-related transaction, she directly owns 74,970 Allbirds shares, so her overall equity stake remains largely intact.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,200 shares ($5,931)
Net Sell
1 txn
Insider
Mitchell Ann
Role
Chief Financial Officer
Sold
2,200 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,200 | $2.6957 | $6K |
Holdings After Transaction:
Class A Common Stock — 74,970 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.64 to $2.79, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
FAQ
What insider transaction did Allbirds (BIRD) CFO Mitchell Ann report?
Allbirds CFO Mitchell Ann reported selling 2,200 Class A shares on March 3, 2026. The sale was to cover tax withholding tied to restricted stock unit vesting, rather than a discretionary decision to reduce her investment position.