Birkenstock (NYSE: BIRK) director vests RSUs and increases ordinary share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Birkenstock Holding plc director Anne Pitcher reported RSU vesting and related tax withholding. She exercised 1,623 Restricted Stock Units into Ordinary Shares, reflecting equity-based compensation rather than an open-market purchase. To cover tax obligations on the RSU vesting date, 325 Ordinary Shares were withheld.
After these transactions, she directly holds 3,473 Ordinary Shares. The filing shows no open-market buying or selling activity, only the conversion of RSUs into shares and a share withholding to satisfy tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,623 shares exercised/converted
Mixed
3 txns
Insider
Pitcher Anne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,623 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,623 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 325 | $37.50 | $12K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 3,798 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share upon settlement. Represents shares withheld to pay tax withholding obligations due on the date of vesting of RSUs.
Key Figures
RSUs exercised: 1,623 shares
Shares withheld for taxes: 325 shares
Post-transaction holdings: 3,473 Ordinary Shares
+2 more
5 metrics
RSUs exercised
1,623 shares
Restricted Stock Units converted into Ordinary Shares on 2026-04-29
Shares withheld for taxes
325 shares
Ordinary Shares withheld to satisfy tax obligations at $37.50 per share
Post-transaction holdings
3,473 Ordinary Shares
Direct ownership after RSU exercise and tax withholding
Withholding share price
$37.50 per share
Value applied to 325 shares used for tax withholding
Transaction date
2026-04-29
Date of RSU exercise and tax-withholding disposition
Key Terms
Restricted Stock Units, Ordinary Shares, tax withholding obligations, contingent right, +1 more
5 terms
Restricted Stock Units financial
"The security title is listed as "Restricted Stock Units" for one transaction."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld to pay tax withholding obligations due on the vesting date."
contingent right financial
"Each RSU represents a contingent right to receive one Ordinary Share upon settlement."
derivative exercise/conversion financial
"Transaction code M is described as a derivative exercise/conversion event."
FAQ
What did Birkenstock (BIRK) director Anne Pitcher report in this Form 4?
Anne Pitcher reported the vesting and exercise of 1,623 Restricted Stock Units into Ordinary Shares, along with 325 shares withheld to cover tax obligations. These are compensation-related equity transactions, not open-market stock purchases or sales.