Outdoor Holding (POWW) CEO awarded 15K shares, 4.4K withheld for taxes
Rhea-AI Filing Summary
Outdoor Holding Co (POWW) reported that Chief Executive Officer and director Steven F. Urvan received a grant of 15,000 shares of common stock on August 17, 2026 as part of quarterly Board compensation, for which he paid no consideration. On the same date, 4,448 shares were withheld by the issuer at a price of $2.24 per share to satisfy Urvan’s tax withholding obligations arising from that share award. An additional line updates Urvan’s indirect beneficial ownership of 17,222,857 shares held through UFO LLC and a related trust structure; this entry is described as a voluntary re-reporting rather than a new transaction. The filing affirms that the reported transactions were effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 10,552 shares
Net Buy
3 txns
Insider
Urvan Steven F.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 15,000 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 4,448 | $2.24 | $10K |
| Other | Common Stock F3 | 0 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 146,061 shares (Direct);
Common Stock — 17,222,857 shares (Indirect, By UFO, LLC)
Footnotes (3)
- F1. Reflects the grant of 15,000 shares of common stock that members of the issuer's Board of Directors (the "Board") receive quarterly as part of their annual compensation for Board service. The reporting person pays no consideration for these shares.
- 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.
- F3. These shares are held by UFO LLC ("UFO"). UFO is a single-member limited liability company whose sole member is the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor, investment trust adviser and a discretionary beneficiary. Mr. Urvan serves as a manager of UFO and, in that capacity, has sole voting and dispositive power over the shares held by UFO. Mr. Urvan may be deemed to beneficially own the securities held by UFO and disclaims beneficial ownership except to the extent of his pecuniary interest therein.This line item is being voluntarily re-reported solely to reflect the reporting person's total beneficial holdings following the direct transaction(s) reported on Lines 1 and 2 of this table, and does not represent a new transaction or any change in indirect ownership.
Key Figures
Stock grant: 15,000 shares
Shares withheld for taxes: 4,448 shares
Withholding price: $2.24 per share
+2 more
5 metrics
Stock grant
15,000 shares
Quarterly Board compensation grant of common stock on August 17, 2026
Shares withheld for taxes
4,448 shares
Shares withheld by issuer to satisfy tax obligations from August 17, 2026 grant
Withholding price
$2.24 per share
Value used for shares withheld to satisfy tax withholding obligations
Indirect holdings via UFO LLC
17,222,857 shares
Total POWW common shares held indirectly through UFO LLC after reported transactions
Rule 10b5-1 status
Affirmed
Form 4 indicates transactions were effected under a Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, tax withholding obligations, beneficially own, dispositive power, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The filing affirms that the reported transactions were effected under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy the tax withholding obligations incurred"
beneficially own financial
"Mr. Urvan may be deemed to beneficially own the securities held by UFO"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"has sole voting and dispositive power over the shares held by UFO"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
irrevocable domestic asset protection trust financial
"a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor"
FAQ
What did POWW CEO Steven F. Urvan receive in the latest Form 4 filing?
Steven F. Urvan received a grant of 15,000 POWW common shares on August 17, 2026 as quarterly Board compensation. The footnote states he paid no consideration for these shares, which are part of his annual compensation for Board service.
Does the POWW Form 4 indicate transactions under a Rule 10b5-1 plan?
Yes. The Form 4’s Rule 10b5-1 checkbox is marked affirmative, indicating the reported transactions were executed pursuant to a pre-arranged trading plan. Such plans are designed to structure transactions independently of day-to-day market or informational considerations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
