Vital Farms (VITL) officer amends Form 4 to fix tax-share withholding
Rhea-AI Filing Summary
Vital Farms, Inc. filed an amended insider trading report correcting share withholding figures for a company officer. The Chief Marketing Officer had shares of common stock withheld by the company on March 10, 2025 and March 11, 2025 to cover tax obligations related to equity awards.
The amendment states that the number of shares withheld to satisfy the tax withholding obligation was previously misreported. It updates both the withheld share amounts and the officer’s beneficially owned share totals following these transactions, without indicating any open-market buying or selling by the officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,194 shares
Net Sell
2 txns
Insider
McKeon Kathryn
Role
CMO and GM, Butter
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,768 | $31.60 | $56K |
| Exercise Price or Tax Liability | Common Stock | 1,426 | $32.04 | $46K |
Holdings After Transaction:
Common Stock — 50,933 shares (Direct)
Footnotes (2)
- F1. Shares withheld by the Issuer to satisfy withholding tax obligation.
- F2. The number of shares withheld to satisfy the withholding tax obligation was inadvertently misreported. This amendment corrects the number of shares withheld and the number of shares beneficially owned following the reported transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Vital Farms (VITL) Form 4/A filing report?
The Form 4/A reports corrected share withholding figures for a Vital Farms officer. It amends earlier disclosures about shares withheld by the company to cover tax obligations tied to equity awards, and updates the officer’s resulting beneficial ownership totals after those transactions.
Who is the reporting person in the Vital Farms (VITL) Form 4/A?
The reporting person is a Vital Farms officer serving as Chief Marketing Officer for Eggs and Butter. They filed individually, not as part of a group, and reported changes in their beneficial ownership of Vital Farms common stock due to tax-related share withholding.
What transactions are disclosed in the Vital Farms (VITL) Form 4/A?
The filing discloses company share withholdings on March 10 and March 11, 2025. These are coded as tax withholding transactions rather than open-market trades, reflecting shares retained by Vital Farms to satisfy the officer’s equity award-related tax obligations.
Why was the Vital Farms (VITL) insider filing amended?
The filing was amended because the originally reported number of shares withheld for taxes was incorrect. The amendment clarifies the actual shares withheld and adjusts the officer’s post-transaction beneficial ownership amounts to accurately reflect their current holdings after those corrections.
Does the Vital Farms (VITL) Form 4/A show open-market insider sales?
No, the Form 4/A describes shares withheld by Vital Farms to cover tax obligations. These are tax-related withholding transactions, not discretionary open-market purchases or sales by the officer, and they adjust the officer’s beneficial ownership as a result of equity award vesting.
How does the Vital Farms (VITL) Form 4/A affect reported beneficial ownership?
The amendment revises the officer’s beneficial ownership totals following the tax withholding transactions. It corrects prior misreported figures so that the number of common shares shown as beneficially owned now aligns with the actual shares remaining after the company’s tax-related withholdings.