Outdoor Holding Co (POWW) CLO awarded 45,000 shares; 12,584 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Outdoor Holding Co Chief Legal Officer Jordan Christensen reported routine equity compensation and related tax withholding in company stock. On May 15, 2026, he received a grant of 45,000 shares of common stock at $1.94 per share as part of his quarterly compensation. To cover tax obligations from this award, 12,584 shares were withheld by the company at the same price. After these transactions, Christensen directly holds 178,385 shares of Outdoor Holding Co common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
2 transactions reported
Mixed
2 txns
Insider
Christensen Jordan
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,000 | $1.94 | $87K |
| Tax Withholding | Common Stock | 12,584 | $1.94 | $24K |
Holdings After Transaction:
Common Stock — 178,385 shares (Direct, null)
Footnotes (1)
- 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. 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 May 15, 2026.
Key Figures
Stock grant: 45,000 shares
Tax withholding shares: 12,584 shares
Grant price: $1.94 per share
+4 more
7 metrics
Stock grant
45,000 shares
Common stock granted as quarterly compensation on May 15, 2026 at $1.94
Tax withholding shares
12,584 shares
Shares withheld by issuer to satisfy tax obligations on May 15, 2026
Grant price
$1.94 per share
Price per share used for the 45,000-share compensation grant
Tax withholding price
$1.94 per share
Price per share for the 12,584 shares withheld for taxes
Holdings after grant
178,385 shares
Total common shares directly held after the May 15, 2026 transactions
Tax-withholding count
1 transaction, 12,584 shares
Summary of tax withholding dispositions in the period
Award acquisition count
1 transaction, 45,000 shares
Summary of grant/award acquisitions in the period
Key Terms
tax withholding obligations, grant, award, or other acquisition, tax-withholding disposition, annual compensation, +1 more
5 terms
tax withholding obligations financial
"to satisfy the tax withholding obligations incurred by the reporting person"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
annual compensation financial
"part of his annual compensation for services as the Chief Legal Officer"
Chief Legal Officer and Corporate Secretary financial
"services as the Chief Legal Officer and Corporate Secretary for the Company"
FAQ
What insider transactions did POWW Chief Legal Officer Jordan Christensen report?
Jordan Christensen reported a routine stock grant and related tax withholding. He received 45,000 shares of Outdoor Holding Co common stock and had 12,584 shares withheld to cover tax obligations tied to that award.
What are Jordan Christensen’s POWW holdings after these transactions?
Following the reported transactions, Jordan Christensen directly holds 178,385 shares of Outdoor Holding Co common stock. This total reflects the new grant, net of shares withheld to cover tax obligations on the May 15, 2026 award.
Is the POWW insider stock grant part of ongoing compensation?
Yes. The filing states the 45,000-share grant is received quarterly as part of Christensen’s annual compensation for his role as Chief Legal Officer and Corporate Secretary, indicating a recurring compensation arrangement rather than a one-time award.