FOXF (FOXF) legal chief logs 1,198-share tax withholding from RSU vesting
Rhea-AI Filing Summary
FOX FACTORY HOLDING CORP Chief Legal Officer reports tax-withholding share disposition. On February 27, 2026, Toby D. Merchant had 1,198 shares of common stock withheld at $16.84 per share to satisfy tax obligations from vesting restricted stock units. After this non‑market, tax-withholding disposition, he directly owned 35,926 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,198 shares
Net Sell
1 txn
Insider
Merchant Toby D
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,198 | $16.84 | $20K |
Holdings After Transaction:
Common Stock — 35,926 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy tax obligations arising out of vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FOXF Chief Legal Officer report on this Form 4?
The Chief Legal Officer reported a tax-withholding disposition of 1,198 FOXF common shares. These shares were withheld to cover taxes due upon 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 Chief Legal Officer?
No, the Form 4 does not report an open-market sale. It shows shares withheld for tax obligations upon vesting of restricted stock units, a common administrative disposition classified under transaction code F, rather than a discretionary sale on the market.
What does transaction code F mean in the FOXF Form 4 filing?
Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this FOXF filing, 1,198 shares were withheld to satisfy tax obligations arising from restricted stock unit vesting, according to the footnote description.