Prestige Consumer SVP (NYSE: PBH) sells 1,207 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prestige Consumer Healthcare Senior VP Operations Jeffrey Zerillo reported an open-market sale of 1,207 shares of common stock at $54.99 per share. In a separate transaction, 307 shares were disposed of to satisfy tax withholding obligations at $55.75 per share. Following these transactions, he directly holds 44,027 shares after the tax-withholding disposition and 42,820 shares after the open-market sale, indicating these trades involved a relatively small portion of his reported direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,207 shares ($66,373)
Net Sell
2 txns
Insider
Zerillo Jeffrey
Role
Senior VP Operations
Sold
1,207 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 307 | $55.75 | $17K |
| Sale | Common Stock, par value $0.01 per share | 1,207 | $54.99 | $66K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 44,027 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market shares sold: 1,207 shares
Sale price: $54.99/share
Tax-withholding shares: 307 shares
+4 more
7 metrics
Open-market shares sold
1,207 shares
Non-derivative open-market sale on transaction date
Sale price
$54.99/share
Price for 1,207-share open-market sale
Tax-withholding shares
307 shares
Non-derivative F-coded tax-withholding disposition
Tax-withholding price
$55.75/share
Price for 307-share tax-withholding disposition
Shares after tax disposition
44,027 shares
Direct holdings following F-coded transaction
Shares after open-market sale
42,820 shares
Direct holdings following S-coded sale
Net shares sold
1,207 shares
Net buy/sell shares from transaction summary
Key Terms
open-market sale, tax-withholding disposition, non-derivative, Form 4
4 terms
open-market sale financial
"reported an open-market sale of 1,207 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"307 shares were disposed of to satisfy tax withholding obligations"
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.
non-derivative financial
"This sale was reported as a non-derivative transaction coded as an open-market"
Form 4 regulatory
"The Form 4 shows a tax-withholding disposition of 307 Prestige Consumer shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Prestige Consumer (PBH) report for Jeffrey Zerillo?
Prestige Consumer reported that Senior VP Operations Jeffrey Zerillo sold 1,207 common shares in an open-market transaction and disposed of 307 additional shares for tax withholding. Both transactions involved directly held stock and were reported on the same transaction date.
What is the tax-withholding disposition in Jeffrey Zerillo’s PBH Form 4?
The Form 4 shows a tax-withholding disposition of 307 Prestige Consumer shares at $55.75 per share. This F-coded transaction reflects shares delivered to satisfy tax liabilities, not an open-market sale, and is categorized as a non-derivative disposition.
Are Jeffrey Zerillo’s PBH transactions open-market sales or something else?
The Form 4 reports one open-market sale of 1,207 Prestige Consumer shares, coded S, and one F-coded tax-withholding disposition of 307 shares. Only the S-coded transaction represents an open-market sale; the F-coded transaction covers tax obligations using shares.