KinderCare (KLC) COO has RSU shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KinderCare Learning Companies, Inc. Chief Operating Officer Lindsay Curley reported a tax-related share disposition. On the reported date, 234 shares of common stock at $3.72 per share were withheld by the company to satisfy her tax withholding obligations upon vesting of restricted stock units. Following this withholding, she directly owned 139,478 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sorhondo Lindsay Curley
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 234 | $3.72 | $870.48 |
Holdings After Transaction:
Common Stock — 139,478 shares (Direct)
Footnotes (1)
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FAQ
What did KinderCare (KLC) report in this Form 4 filing?
KinderCare (KLC) reported that its Chief Operating Officer, Lindsay Curley, had 234 shares of common stock withheld at $3.72 per share to cover tax obligations from vesting restricted stock units, leaving her with direct ownership of 139,478 shares.
Was the KinderCare (KLC) COO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 234 KinderCare shares were withheld by the issuer to pay tax withholding obligations triggered by the vesting of restricted stock units, as indicated by the tax-withholding disposition transaction code F and accompanying footnote.
What does transaction code F mean in the KinderCare (KLC) Form 4?
Transaction code F indicates a tax-withholding disposition. For KinderCare, this means 234 shares of common stock were withheld by the issuer to cover the Chief Operating Officer’s tax liability related to the vesting of restricted stock units, rather than representing a typical market sale.
Who is the insider in KinderCare (KLC)’s Form 4 and what is their role?
The insider is Lindsay Curley, who serves as Chief Operating Officer of KinderCare Learning Companies, Inc. She reported a tax-withholding disposition in which 234 shares were withheld by the company upon vesting of restricted stock units, leaving her with 139,478 directly owned shares.