Fox Factory (FOXF) CEO withholds 10,641 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOX FACTORY HOLDING CORP Chief Executive Officer Michael C. Dennison reported a tax-related share disposition connected to restricted stock units. On March 4, 2026, 10,641 shares of common stock were withheld at $17.85 per share to satisfy tax obligations from RSU vesting.
After this tax-withholding disposition, Dennison’s directly held common stock ownership stood at 263,450 shares. This was not an open-market purchase or sale, but an automatic share withholding to cover taxes due on equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DENNISON MICHAEL C.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,641 | $17.85 | $190K |
Holdings After Transaction:
Common Stock — 263,450 shares (Direct)
Footnotes (1)
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FAQ
What did FOXF CEO Michael Dennison report in this Form 4 transaction?
Michael C. Dennison reported a tax-withholding disposition of 10,641 FOX FACTORY HOLDING CORP common shares. The shares were withheld to cover tax obligations arising from the vesting of restricted stock units, rather than being sold in an open-market transaction.
Was the FOXF Form 4 transaction an open-market sale by the CEO?
No, the Form 4 does not show an open-market sale. It records a tax-withholding disposition, where 10,641 FOX FACTORY HOLDING CORP shares were withheld to satisfy tax obligations generated by the vesting of Michael Dennison’s restricted stock units.
What does transaction code F mean in the FOXF CEO’s Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, FOX FACTORY HOLDING CORP shares were withheld from Michael Dennison’s restricted stock unit vesting to cover related tax obligations instead of being sold on the open market.