Outdoor Holding (POWW) awards 45,000 shares to legal chief
Rhea-AI Filing Summary
Outdoor Holding Co (POWW) reported that Chief Legal Officer and Corporate Secretary Jordan Christensen received a grant of 45,000 shares of common stock on August 17, 2026, at a reference value of $2.24 per share, as part of his quarterly annual compensation.
On the same date, 12,577 shares of common stock were withheld by the issuer at $2.24 per share to satisfy tax withholding obligations arising from this share grant. The filing indicates the transactions were effected under a Rule 10b5-1 trading plan, and no open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 32,423 shares
Net Buy
2 txns
Insider
Christensen Jordan
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 45,000 | $2.24 | $101K |
| Tax Withholding | Common Stock F2 | 12,577 | $2.24 | $28K |
Holdings After Transaction:
Common Stock — 198,224 shares (Direct)
Footnotes (2)
- F1. Reflects the grant of 45,000 shares of common stock that the reporting person receives quarterly as part of his annual compensation for services as the Chief Legal Officer and Corporate Secretary for the Company.
- F2. Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the reporting person as a result of the shares received on August 17, 2026.
Key Figures
Compensation stock grant: 45,000 shares
Grant reference price: $2.24 per share
Shares withheld for taxes: 12,577 shares
+2 more
5 metrics
Compensation stock grant
45,000 shares
Common stock granted to Jordan Christensen on August 17, 2026 as part of annual compensation
Grant reference price
$2.24 per share
Value used for the 45,000-share compensation grant on August 17, 2026
Shares withheld for taxes
12,577 shares
Common shares withheld by the issuer to cover tax obligations from the August 17, 2026 grant
Tax withholding price
$2.24 per share
Price applied to the 12,577 shares withheld for taxes on August 17, 2026
Rule 10b5-1 plan status
Affirmed
Form 4 checkbox indicates transactions were effected under a Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1, tax withholding obligations, grant of 45,000 shares of common stock, annual compensation, +1 more
5 terms
Rule 10b5-1 regulatory
"The filing indicates the transactions were effected under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
tax withholding obligations financial
"withheld by the Issuer to satisfy the tax withholding obligations incurred"
annual compensation financial
"part of his annual compensation for services as the Chief Legal Officer"
withheld by the Issuer financial
"Represents the number of shares withheld by the Issuer to satisfy the tax"
FAQ
What insider transactions did POWW disclose for Jordan Christensen on August 17, 2026?
On August 17, 2026, Jordan Christensen received a grant of 45,000 POWW common shares as part of his compensation, and 12,577 shares were withheld by the issuer to cover related tax obligations.
Was the August 17, 2026 POWW Form 4 for Jordan Christensen an open-market trade?
No. The Form 4 for POWW shows a compensation-related stock grant of 45,000 shares and tax withholding of 12,577 shares, rather than open-market purchases or sales, with the transactions made under a Rule 10b5-1 plan.
Were Jordan Christensen’s POWW transactions under a Rule 10b5-1 trading plan?
Yes. The Form 4 for POWW indicates the Rule 10b5-1 checkbox is marked, meaning the reported grant and related tax-withholding transaction were effected under an affirmed 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.