Champion Homes (SKY) EVP uses 829 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Champion Homes, Inc. executive vice president of Sales/Business Development Jonathan Wade Lyall reported a routine tax-related share disposition. On the transaction date, 829 shares of Common Stock were withheld at $72.54 per share to cover tax obligations, leaving him with 61,769 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LYALL JONATHAN WADE
Role
EVP Sales/Business Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 829 | $72.54 | $60K |
Holdings After Transaction:
Common Stock — 61,769 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SKY executive Jonathan Wade Lyall report?
Jonathan Wade Lyall reported a tax-withholding disposition of 829 shares of Champion Homes, Inc. common stock at $72.54 per share. This transaction covered tax liabilities and is not an open-market sale, leaving him with 61,769 shares held directly afterward.
Was the SKY Form 4 transaction a tax withholding or an open-market sale?
The SKY Form 4 shows a tax-withholding disposition, not an open-market sale. Code F indicates 829 shares of common stock were delivered at $72.54 per share to satisfy tax obligations related to equity compensation, rather than being sold on the open market.
What does transaction code F mean in the SKY Form 4 filing?
Transaction code F in the SKY Form 4 indicates payment of a tax liability or exercise price by delivering securities. In this case, 829 shares of common stock were used to satisfy tax obligations, rather than representing a discretionary buy or sell in the market.
Is Jonathan Wade Lyall’s SKY Form 4 transaction likely to be a routine event?
The transaction appears routine because it is classified as a tax-withholding disposition using code F. Such events typically occur when equity awards vest and taxes are due, using shares to cover obligations while the executive retains a larger remaining share position.