FND: EVP Surrenders 152 RSUs at $82.56; Holdings 18,905 Shares
Transaction: On 08/05/2025, DENNY STEVEN ALAN (EVP, STORE OPERATIONS) reported the surrender of 152 restricted stock units (RSUs) to satisfy tax withholding upon vesting; the filing notes the deemed disposition is exempt under Rule 16b-3(e).
Rhea-AI Filing Summary
Transaction: On 08/05/2025, DENNY STEVEN ALAN (EVP, STORE OPERATIONS) reported the surrender of 152 restricted stock units (RSUs) to satisfy tax withholding upon vesting; the filing notes the deemed disposition is exempt under Rule 16b-3(e).
Details: Reported price per share: $82.56; beneficial ownership following the transaction: 18,905 shares (direct). Form 4 was signed on 08/06/2025 by Stacy S. Ingram by Power of Attorney.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU withholding of 152 shares; no material change to ownership or valuation.
This Form 4 discloses a tax-withholding disposition: 152 RSUs were surrendered upon vesting at a reported price of $82.56, leaving 18,905 shares beneficially owned directly. The filing cites the exemption under Rule 16b-3(e), indicating a non-market-sale withholding event rather than a cash sale or open-market transaction. For investors and analysts, this is a routine compensation settlement with no indicated change to voting control or sizeable shift in outstanding insider holdings.
TL;DR: Compliance filing documenting RSU vesting and tax withholding; governance action appears routine and procedural.
The report identifies the reporting person as Denny Steven Alan, EVP, Store Operations, and documents RSU surrender to meet tax obligations upon vesting. The disclosure specifies the exempt treatment under Rule 16b-3(e) and was executed via Power of Attorney on 08/06/2025. There are no disclosures of option exercises, open-market sales, or changes in beneficial ownership beyond the withholding; governance controls (timely filing, POA signature) are observed. This is a standard compensation-related Form 4 with no material governance concern.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, par value $0.001 | 152 | $82.56 | $13K |
Footnotes (1)
- F1. Represents shares underlying restricted stock units ("RSUs") surrendered to satisfy the reporting person's tax withholding obligation upon vesting of the RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
FAQ
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