Prestige Consumer (PBH) CFO logs tax-related share withholding adjustment
Rhea-AI Filing Summary
Prestige Consumer Healthcare Inc. executive Christine Sacco, the company’s CFO and COO, reported a tax-withholding disposition of 1,091 shares of common stock at a price of $55.09 per share. This adjustment reflects a correction to an earlier inadvertent error and leaves her holding 57,374 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,091 shares
Net Sell
1 txn
Insider
Sacco Christine
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,091 | $55.09 | $60K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 57,374 shares (Direct)
Footnotes (1)
- F1. Reflects a correction to an inadvertent error in the number of shares held by the reporting person following the reported transaction.
Key Figures
Tax-withholding shares: 1,091 shares
Transaction price: $55.09 per share
Shares held after transaction: 57,374 shares
+2 more
5 metrics
Tax-withholding shares
1,091 shares
Shares delivered in tax-withholding disposition
Transaction price
$55.09 per share
Price for tax-withholding disposition
Shares held after transaction
57,374 shares
Direct ownership following correction
Transaction code
F
Payment of exercise price or tax liability by delivering securities
Transaction direction
dispose
Classified as tax-withholding disposition, not open-market sale
Key Terms
tax-withholding disposition, Form 4/A, non-derivative, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"reported a tax-withholding disposition of 1,091 shares of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4/A regulatory
"What insider transaction did PBH executive Christine Sacco report on this Form 4/A?"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
non-derivative financial
"transaction_type": "non-derivative""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PBH executive Christine Sacco report on this Form 4/A?
Christine Sacco reported a tax-withholding disposition of Prestige Consumer Healthcare common stock. The filing shows 1,091 shares were delivered at $55.09 per share to cover obligations, rather than sold in an open-market trade, and her direct holdings were updated accordingly.
Was Christine Sacco’s PBH transaction an open-market sale or a tax withholding event?
The transaction is classified as a tax-withholding disposition, not an open-market sale. It is coded as an “F” transaction, described as payment of an exercise price or tax liability by delivering securities, indicating shares were used to satisfy obligations rather than sold on the market.
What correction does the Form 4/A for PBH’s Christine Sacco disclose?
The Form 4/A notes a correction to an inadvertent error in Sacco’s previously reported share holdings. The footnote explains that the updated 57,374-share figure reflects the correct number of shares held following the tax-withholding transaction described in the filing.