Cracker Barrel SVP Reports 604-Share Tax Withholding Sale at $44.06
Rhea-AI Filing Summary
Christopher Bryant Edwards, Senior Vice President and Chief Strategy Officer of Cracker Barrel Old Country Store, Inc. (CBRL), reported a disposition of 604 shares of the issuer's common stock on 09/30/2025 at a reported price of $44.06 per share. After the transaction, Mr. Edwards beneficially owned 5,890 shares directly. The filing states these shares were deducted to satisfy federal tax withholding obligations arising from the vesting of previously disclosed awards. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Edwards and submitted on 10/01/2025. No other transactions or derivative holdings are reported in this filing.
Positive
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Negative
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Insights
TL;DR Routine tax-withholding sale of vested equity; small, non-material reduction in insider holdings.
The reported sale of 604 shares at $44.06 to satisfy tax withholding is a common administrative transaction following award vesting and does not indicate a change in company outlook or insider sentiment. The remaining direct holding of 5,890 shares is disclosed; the transaction size appears modest relative to typical institutional scales and the filing includes the required explanatory note. For investors, this is procedural rather than informationally significant.
TL;DR Disclosure is compliant and transparent; transaction reported under Section 16 rules with explanatory note.
The Form 4 provides the necessary details: transaction date, price, number of shares disposed, post-transaction ownership and the stated reason (tax withholding for vested awards). The signature via attorney-in-fact is properly noted. There are no indications of unusual trading codes or unexplained dispositions; governance processes appear to have been followed.