Unifi (NYSE: UFI) EVP corrects Form 4 with 1,143 tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
UNIFI INC executive Meredith Suzanne Boyd, an EVP, reported an amended insider transaction reflecting shares withheld for taxes rather than a market trade. On December 19, 2025, 1,143 shares of common stock were withheld at $3.39 per share to cover her tax withholding obligation upon the vesting of previously granted restricted stock units. After this correction, she directly beneficially owns 82,426 shares of Unifi common stock. This Form 4/A updates the share balance previously reported for that vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOYD MEREDITH SUZANNE
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,143 | $3.39 | $4K |
Holdings After Transaction:
Common Stock — 82,426 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,143 shares
Withholding price: $3.39 per share
Shares after transaction: 82,426 shares
+1 more
4 metrics
Tax-withheld shares
1,143 shares
Common stock withheld for tax obligation on December 19, 2025
Withholding price
$3.39 per share
Valuation used for tax-withholding disposition
Shares after transaction
82,426 shares
Total common shares directly beneficially owned after correction
Tax-withholding shares (summary)
1,143 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligation, Initial Statement of Beneficial Ownership of Securities on Form 3, beneficially owned
4 terms
restricted stock units financial
"upon the vesting of restricted stock units on December 19, 2025"
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 obligation financial
"shares were withheld to satisfy the reporting person's tax withholding obligation"
Initial Statement of Beneficial Ownership of Securities on Form 3 regulatory
"reported on the reporting person's Initial Statement of Beneficial Ownership of Securities on Form 3"
beneficially owned financial
"to correct the total number of securities beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did UNIFI INC (UFI) report for Meredith Suzanne Boyd?
UNIFI INC reported that EVP Meredith Suzanne Boyd had 1,143 common shares withheld at $3.39 per share to cover tax obligations on vested restricted stock units, updating her reported beneficial ownership balance after this non-market tax-withholding disposition.
Was the UNIFI INC (UFI) Form 4/A a stock sale by the executive?
No, the Form 4/A reflects a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy Meredith Suzanne Boyd’s tax liability when restricted stock units vested on December 19, 2025.
Why did UNIFI INC (UFI) file an amended Form 4/A for this executive?
The amended Form 4/A was filed to correct the total number of securities beneficially owned after shares were withheld for Meredith Suzanne Boyd’s tax obligation when restricted stock units vested on December 19, 2025, updating the previously filed Form 4.