STOCK TITAN

Smith & Wesson (SWBI) VP has 7,721 shares withheld to cover RSU taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SMITH & WESSON BRANDS, INC. Vice President of Marketing Kyle Tengwall reported a tax-related share disposition. On June 15, 2026, 7,721 shares of common stock were withheld by the company at $14.35 per share to satisfy tax withholding obligations tied to vesting restricted stock units.

After this withholding, Tengwall directly held 147,517 shares of common stock. The filing indicates this was a payment of tax liability by delivering securities, not an open-market sale.

Positive

  • None.

Negative

  • None.
Insider Tengwall Kyle
Role Vice President, Marketing
Type Security Shares Price Value
Tax Withholding Common Stock 7,721 $14.35 $111K
Holdings After Transaction: Common Stock — 147,517 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 7,721 shares Tax withholding disposition on June 15, 2026
Per-share value for withholding $14.35 per share Price used in tax-withholding entry
Shares held after transaction 147,517 shares Direct common stock holdings following withholding
Tax-withholding transactions 1 transaction, 7,721 shares Summary of tax-withholding activity in this Form 4
restricted stock units financial
"associated with 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.
tax withholding obligations financial
"to satisfy certain tax withholding obligations associated"
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.
beneficial ownership financial
"tax withholding obligations associated with the vesting of restricted stock units."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tengwall Kyle

(Last)(First)(Middle)
1852 PROFFITT SPRINGS ROAD

(Street)
MARYVILLE TENNESSEE 37801

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SMITH & WESSON BRANDS, INC. [ SWBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President, Marketing
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026F7,721(1)D$14.35147,517D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
/s/ Deana L. McPherson, attorney-in-fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Smith & Wesson (SWBI) executive Kyle Tengwall report in this Form 4?

Kyle Tengwall reported that 7,721 shares of Smith & Wesson common stock were withheld to cover tax obligations. These obligations arose from the vesting of restricted stock units, and the transaction is classified as a tax-withholding disposition rather than an open-market trade.

How many Smith & Wesson (SWBI) shares were withheld for Kyle Tengwall’s taxes?

The filing shows that 7,721 shares of Smith & Wesson common stock were withheld. The company used these shares to satisfy certain tax withholding obligations linked to the vesting of Tengwall’s restricted stock units, instead of requiring a separate cash payment.

At what price were Kyle Tengwall’s SWBI shares withheld for tax purposes?

The shares were valued at $14.35 per share for the tax-withholding transaction. This price is used in the Form 4 to describe the payment of tax liability by delivering securities when Tengwall’s restricted stock units vested on the reported date.

How many Smith & Wesson (SWBI) shares does Kyle Tengwall hold after this transaction?

After the tax-withholding disposition, Kyle Tengwall directly holds 147,517 shares of Smith & Wesson common stock. This post-transaction holding is disclosed in the Form 4 and reflects his remaining direct equity position with the company following the RSU vesting event.

Was Kyle Tengwall’s SWBI Form 4 transaction an open-market sale or a tax withholding?

The transaction was a tax withholding, not an open-market sale. The Form 4 describes it as payment of tax liability by delivering securities, and the footnote explains the shares were withheld to satisfy tax obligations related to restricted stock unit vesting.

What type of equity award triggered the tax withholding for SWBI executive Kyle Tengwall?

The tax withholding was triggered by the vesting of restricted stock units. According to the footnote, the 7,721 withheld shares of Smith & Wesson common stock satisfied certain tax withholding obligations associated with these restricted stock unit awards when they vested.