Barnes & Noble Education (BNED) CFO sells 2,237 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barnes & Noble Education, Inc. reported that CFO Jason Snagusky sold 2,237 shares of common stock on 2026-07-10. The shares were sold upon vesting of restricted performance stock units to cover withholding taxes, at a weighted average price of $11.61 per share in trades between $11.51 and $11.98. Following these tax-related sales, Snagusky holds 76,762 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,237 shares ($25,972)
Net Sell
1 txn
Insider
Snagusky Jason
Role
CFO
Sold
2,237 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,237 | $11.61 | $26K |
Holdings After Transaction:
Common Stock — 76,762 shares (Direct)
Footnotes (1)
- Shares sold by Reporting Owner on vesting of restricted performance stock units (payable solely in common stock of the Issuer on the vesting date) to cover applicable withholding taxes. Sales were made in a series of transactions at sales prices ranging from $11.51 to $11.98 per share. The price reported is a weighted average price. Full information regarding the number of shares sold at each separate price will be provided upon request.
Key Figures
Shares sold: 2,237 shares
Weighted average sale price: $11.6100 per share
Sale price range: $11.51–$11.98 per share
+1 more
4 metrics
Shares sold
2,237 shares
Common stock sold on 2026-07-10 related to RSU vesting
Weighted average sale price
$11.6100 per share
Average price for 2,237 shares sold on 2026-07-10
Sale price range
$11.51–$11.98 per share
Series of transactions executed within this price range
Shares held after transaction
76,762 shares
Direct common stock holdings of CFO after the sale
Key Terms
restricted performance stock units, withholding taxes, weighted average price, open-market sale
4 terms
restricted performance stock units financial
"Shares sold by Reporting Owner on vesting of restricted performance stock units"
withholding taxes financial
"on the vesting date to cover applicable withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did BNED CFO Jason Snagusky report?
CFO Jason Snagusky reported selling 2,237 shares of Barnes & Noble Education common stock. The sale occurred on 2026-07-10 in connection with the vesting of restricted performance stock units and was used to cover withholding taxes rather than as a discretionary sale.
Was the BNED CFO’s reported transaction an open-market sale?
While coded as a sale, the transaction reflects shares sold upon vesting of restricted performance stock units to pay withholding taxes. Footnote disclosure clarifies the sale’s tax-related purpose, differentiating it from a purely discretionary open-market sale decision.