Savers Value Village (NYSE: SVV) COO reports 7,218-share tax withholding correction
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Savers Value Village, Inc. President & COO Tanious N. Tanious filed an amended insider report to correct tax withholding related to equity compensation. The Form 4/A shows 7,218 shares of Common Stock withheld at $8.03 per share on March 12, 2026 upon vesting of restricted stock units, a non-market, tax-withholding disposition. Following this adjustment, he directly owns 176,754.3281 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tanious Jubran N.
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,218 | $8.03 | $58K |
Holdings After Transaction:
Common Stock — 176,754.328 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 7,218 shares
Withholding price: $8.03 per share
Shares owned after transaction: 176,754.3281 shares
3 metrics
Tax-withheld shares
7,218 shares
Common Stock withheld for taxes on RSU vesting March 12, 2026
Withholding price
$8.03 per share
Price used for tax-withholding disposition on March 12, 2026
Shares owned after transaction
176,754.3281 shares
Direct common stock holdings following tax withholding
Key Terms
tax-withholding disposition, restricted stock units, Form 4, vesting
4 terms
tax-withholding disposition financial
"This amendment reflects the additional units that should have been reported withheld"
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.
restricted stock units financial
"withheld upon the vesting of restricted stock units on March 12, 2026"
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.
Form 4 regulatory
"the reporting person filed a Form 4 which inadvertently reported the incorrect number"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vesting financial
"withheld upon the vesting of restricted stock units on March 12, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Savers Value Village (SVV) disclose in this Form 4/A amendment?
Savers Value Village reported that its President & COO, Tanious N. Tanious, amended a prior Form 4 to correct the number of shares withheld for taxes when restricted stock units vested on March 12, 2026, ensuring his reported common stock holdings are accurate.
Why was Savers Value Village (SVV) COO’s original Form 4 filing amended?
The original Form 4 filed on March 16, 2026 inadvertently reported an incorrect number of units withheld upon restricted stock unit vesting. This Form 4/A amendment adds the missing withheld units so the reported post-withholding share ownership is correctly stated.