St. Joe CFO covers taxes with share withholding
ST JOE Co EVP & Chief Financial Officer Marek Bakun reported a tax-related share disposition.
Rhea-AI Filing Summary
ST JOE Co EVP & Chief Financial Officer Marek Bakun reported a tax-related share disposition. On the vesting of previously granted restricted stock, 225 shares of common stock were withheld by the company at $68.92 per share to cover taxes. After this withholding, Bakun directly owns 21,293 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 225 shares
Exercise Price or Tax Liability
1 txn
Insider
Bakun Marek
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 225 | $68.92 | $16K |
Holdings After Transaction:
Common Stock — 21,293 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Company to pay taxes due following the vesting of previously granted shares of Restricted Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ST JOE Co (JOE) report for Marek Bakun?
ST JOE Co reported that EVP & CFO Marek Bakun had 225 common shares withheld by the company to cover taxes on vesting restricted stock. This was a tax-withholding disposition, not an open-market buy or sell transaction.
Was the ST JOE Co (JOE) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 225 shares were withheld by ST JOE Co to pay taxes due upon vesting of restricted stock, classified as a tax-withholding disposition under transaction code F.
What does transaction code F mean in the ST JOE Co (JOE) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For ST JOE Co, 225 shares were withheld from Marek Bakun’s vested restricted stock to satisfy tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.