Prestige Consumer (NYSE: PBH) CEO has 2,197 shares withheld to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prestige Consumer Healthcare Inc. Chief Executive Officer Ronald M. Lombardi reported a routine tax-related share disposition. On the reported date, 2,197 shares of common stock were delivered at $55.75 per share to satisfy a tax liability. Following this tax-withholding disposition, he directly holds 376,008 shares of Prestige Consumer Healthcare common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lombardi Ronald M.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 2,197 | $55.75 | $122K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 376,008 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 2,197 shares
Tax-withholding price: $55.75 per share
Shares held after transaction: 376,008 shares
3 metrics
Tax-withholding shares
2,197 shares
Common stock delivered to satisfy tax liability
Tax-withholding price
$55.75 per share
Value used for the 2,197-share tax-withholding disposition
Shares held after transaction
376,008 shares
CEO Ronald M. Lombardi direct common stock ownership after Form 4 event
Key Terms
tax-withholding disposition, Common Stock, par value $0.01 per share, Form 4
3 terms
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.
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.
FAQ
What insider transaction did Prestige Consumer Healthcare (PBH) report for its CEO?
Prestige Consumer Healthcare reported that CEO Ronald M. Lombardi had 2,197 shares of common stock withheld at $55.75 per share to satisfy a tax liability, leaving him with 376,008 shares directly owned after the transaction.
Was the Prestige Consumer Healthcare (PBH) CEO’s Form 4 transaction an open-market sale?
No. The Form 4 transaction for CEO Ronald M. Lombardi is coded as a tax-withholding disposition, meaning 2,197 shares were delivered to cover a tax liability rather than sold in an open market trade, with 376,008 shares remaining in his direct ownership.
What does a tax-withholding disposition mean in the Prestige Consumer Healthcare (PBH) CEO filing?
In this filing, a tax-withholding disposition means 2,197 shares of common stock were delivered to cover a tax liability associated with equity compensation, using a value of $55.75 per share, without recording an open-market purchase or sale by the CEO.