Tax withholding trims JELD-WEN (NYSE: JELD) EVP Wendy Livingston’s stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Livingston Wendy A. reported open-market sale transactions in this Form 4 filing.
JELD-WEN Holding, Inc. executive Wendy A. Livingston reported a routine tax-related share disposition. On this Form 4, 2,435 shares of common stock were withheld at $1.44 per share to pay taxes tied to the vesting of performance stock units granted on June 27, 2023, leaving her with 172,437 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,435 shares ($3,506)
Net Sell
1 txn
Insider
Livingston Wendy A.
Role
EVP & CHRO
Sold
2,435 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,435 | $1.44 | $4K |
Holdings After Transaction:
Common Stock — 172,437 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,435 shares
Transaction price per share: $1.44 per share
Shares held after transaction: 172,437 shares
3 metrics
Shares withheld for taxes
2,435 shares
Common Stock withheld to cover taxes on vesting PSUs
Transaction price per share
$1.44 per share
Price used for the 2,435-share tax-related disposition
Shares held after transaction
172,437 shares
Direct JELD-WEN common stock ownership after withholding
Key Terms
performance stock units, withheld for payment of taxes, vesting, Common Stock
4 terms
performance stock units financial
"vesting of certain performance stock units originally made on June 27, 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
withheld for payment of taxes financial
"Shares reported were withheld for payment of taxes associated with the vesting"
vesting financial
"associated with the vesting of certain performance stock units originally made"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did JELD-WEN (JELD) report for Wendy A. Livingston?
JELD-WEN reported that EVP & CHRO Wendy A. Livingston had 2,435 shares of common stock withheld at $1.44 per share to cover taxes from vesting performance stock units, a routine tax-related disposition rather than an open-market trade.
Was the JELD-WEN (JELD) insider transaction an open-market sale?
Although coded as a sale, the footnote explains the 2,435 shares were withheld to pay taxes on vesting performance stock units granted June 27, 2023, indicating a tax-withholding event instead of a discretionary open-market sale decision.