Prestige (NYSE: PBH) CFO & COO reports tax-related share withholding
Rhea-AI Filing Summary
Prestige Consumer Healthcare Inc. executive Christine Sacco, the company’s CFO & COO, reported a tax-related share disposition. She had 1,091 shares of common stock withheld at $55.09 per share to cover tax obligations, a non-market transaction. After this withholding, she directly holds 58,344 common shares.
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 — 58,344 shares (Direct)
Key Figures
Shares withheld for taxes: 1,091 shares
Withholding price: $55.09 per share
Shares held after transaction: 58,344 shares
3 metrics
Shares withheld for taxes
1,091 shares
Tax-withholding disposition at $55.09 per share
Withholding price
$55.09 per share
Price used for 1,091-share tax disposition
Shares held after transaction
58,344 shares
Direct PBH common stock holdings post-transaction
Key Terms
Form 4, tax-withholding disposition, Common Stock, par value $0.01 per share, Payment of exercise price or tax liability by delivering securities
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
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.
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?
Christine Sacco reported a tax-related share disposition. She had 1,091 Prestige Consumer Healthcare common shares withheld at $55.09 per share to satisfy tax obligations, a routine non-market event rather than an open-market sale or new investment decision.
Was the PBH Form 4 transaction an open-market sale or purchase?
The Form 4 transaction was not an open-market trade. It was a tax-withholding disposition, where 1,091 shares were delivered at $55.09 per share to cover tax liabilities, meaning no discretionary buy or sell decision in the market was reported.
What does transaction code F mean in the PBH Form 4 filing?
Transaction code F indicates a tax-related disposition. In this case, 1,091 shares of Prestige Consumer Healthcare common stock were delivered at $55.09 per share to pay exercise price or tax liability, rather than being sold in an open market transaction by the insider.
Does the PBH Form 4 suggest a change in insider sentiment by Christine Sacco?
The filing does not clearly signal a change in sentiment. The reported transaction is a tax-withholding disposition of 1,091 shares, a routine administrative event. Sacco continues to hold 58,344 shares, indicating she maintains a sizable ownership position in the company.