ST JOE Co (NYSE: JOE) legal chief logs tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ST JOE Co senior vice president and chief legal officer Elizabeth J. Walters reported two share dispositions related to tax withholding on vested restricted stock. On February 20, 370 common shares were withheld at $71.52 per share, and on February 23, 359 shares were withheld at $69.33 per share. These transactions satisfied tax obligations rather than representing open-market sales, and Walters directly held 16,095 common shares after the latest transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WALTERS Elizabeth J
Role
SVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 359 | $69.33 | $25K |
| Tax Withholding | Common Stock | 370 | $71.52 | $26K |
Holdings After Transaction:
Common Stock — 16,095 shares (Direct)
Footnotes (1)
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FAQ
What did ST JOE Co (JOE) insider Elizabeth J. Walters report on this Form 4?
Elizabeth J. Walters reported two tax-related share dispositions. The company withheld ST JOE Co common stock to cover taxes due upon vesting of restricted stock, instead of Walters selling shares in the open market.
Were these ST JOE Co (JOE) insider transactions open-market sales?
No, these were not open-market sales. The Form 4 identifies the transactions with code “F,” meaning shares were withheld by the company to pay tax liabilities triggered by the vesting of previously granted restricted stock awards.
What role does Elizabeth J. Walters hold at ST JOE Co (JOE)?
Elizabeth J. Walters serves as ST JOE Co’s senior vice president, chief legal officer, and corporate secretary. Her Form 4 filing reflects insider ownership changes arising from tax-withholding on vested restricted stock, not discretionary market trades.