Shoe Carnival (SCVL) EVP Tanya Gordon has 1,981 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shoe Carnival executive Tanya E. Gordon reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,981 shares of Common Stock were withheld at $15.38 per share to cover income and payroll tax obligations. After this withholding, she directly holds 46,533 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gordon Tanya E.
Role
EVP - CHIEF MERCHANDISE OFF.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,981 | $15.38 | $30K |
Holdings After Transaction:
Common Stock — 46,533 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,981 shares
Withholding price per share: $15.38 per share
Shares held after transaction: 46,533 shares
3 metrics
Shares withheld for taxes
1,981 shares
Withheld on RSU vesting for tax obligations
Withholding price per share
$15.38 per share
Value used for tax-withholding disposition
Shares held after transaction
46,533 shares
Direct common stock holdings after withholding
Key Terms
restricted stock units, withholding tax obligations, transaction code F, Common Stock
4 terms
restricted stock units financial
"on the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding tax obligations financial
"withheld to satisfy the applicable income and payroll withholding tax obligations"
transaction code F financial
"transaction code "F" for payment of exercise price or tax liability"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Shoe Carnival (SCVL) report for Tanya E. Gordon?
Tanya E. Gordon had 1,981 Shoe Carnival shares withheld to cover taxes on vesting restricted stock units. The transaction used code F, meaning shares were delivered to satisfy income and payroll withholding obligations rather than sold on the open market.
Was the Shoe Carnival (SCVL) insider transaction an open-market sale?
No, it was not an open-market sale. The Form 4 shows a code F transaction, where 1,981 shares were withheld at $15.38 per share to satisfy income and payroll tax obligations on restricted stock unit vesting, rather than a discretionary sale for cash.
What role does Tanya E. Gordon hold at Shoe Carnival (SCVL)?
Tanya E. Gordon serves as Executive Vice President and Chief Merchandise Officer at Shoe Carnival. Her Form 4 filing relates to equity compensation, specifically restricted stock units that vested and triggered share withholding to meet income and payroll tax obligations.
What does transaction code F mean in this Shoe Carnival (SCVL) Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. Here, 1,981 common shares were withheld at $15.38 each to cover income and payroll withholding taxes when restricted stock units vested for executive Tanya E. Gordon.