JELD Insider Filing: Samantha Stoddard Withholds 1,284 Shares for RSU Taxes
Rhea-AI Filing Summary
Samantha L. Stoddard, EVP & CFO of JELD-WEN Holding, Inc. (JELD), reported a Form 4 disclosing a disposition of 1,284 shares of JELD common stock on 09/01/2025 under transaction code F at a price of $6.39 per share. The filing states these shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units originally granted on 09/01/2023. After the withholding, Ms. Stoddard beneficially owns 106,063 shares directly. The form is signed by an attorney-in-fact, Willie White, dated 09/03/2025.
Positive
- Full disclosure of the transaction including amount withheld, price, post-transaction holdings, and explanatory remark
- Disposition due to tax withholding on RSU vesting indicates routine compensation processing rather than an open-market sale
Negative
- Reduction in direct ownership by 1,284 shares due to withholding
- No contextual metrics in the filing (e.g., total outstanding shares) to assess materiality of the holding
Insights
TL;DR: Routine tax-withholding disposition from RSU vesting; small percentage of holdings sold and does not indicate a change in company outlook.
The reported disposition of 1,284 shares at $6.39 per share reflects shares withheld to cover taxes on RSU vesting rather than a market sale for liquidity or signaling. The remaining direct beneficial ownership of 106,063 shares should be viewed relative to total outstanding shares to assess materiality; the Form 4 itself does not provide that context. Transaction code F and the explanatory note align with standard executive compensation tax-withholding practices and are typically neutral for investors absent other disclosures.
TL;DR: Disclosure is procedurally proper and consistent with equity compensation mechanics; no governance concern apparent from this filing alone.
The filing includes required details: reporting person, relationship to issuer, transaction date, code F designation, number of shares withheld, price, post-transaction holdings, and an explanatory remark linking the withholding to RSU vesting from a 2023 grant. Signature by an attorney-in-fact is noted. There are no indications of unusual timing, related-party transactions, or deviations from standard reporting practices in this Form 4.