Vital Farms (NASDAQ: VITL) SVP corrects tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Vital Farms, Inc. insider updates tax-related share withholding. A senior vice president of strategy reported that the company withheld 1,901 shares of common stock on 03/10/2025 at $32.04 per share and 1,935 shares on 03/11/2025 at $31.60 per share to cover withholding tax obligations.
After these transactions, the officer directly beneficially owned 58,550 shares following the first withholding and 56,615 shares following the second. The filing is an amendment that corrects previously misreported numbers for the shares withheld and the resulting beneficial ownership, and does not reflect discretionary open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Coon Stephanie
Role
SVP STRATEGY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,935 | $31.60 | $61K |
| Tax Withholding | Common Stock | 1,901 | $32.04 | $61K |
Holdings After Transaction:
Common Stock — 56,615 shares (Direct)
Footnotes (1)
- Shares withheld by the Issuer to satisfy withholding tax obligation. 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.
FAQ
What insider transaction did Vital Farms (VITL) report in this Form 4/A?
Vital Farms reported that a senior vice president had shares withheld to cover tax obligations on equity compensation. The company withheld 1,901 shares on March 10, 2025, and 1,935 shares on March 11, 2025, instead of the officer receiving those shares.
Who is the reporting person in the Vital Farms (VITL) Form 4/A filing?
The reporting person is an officer of Vital Farms serving as senior vice president of strategy. The filing shows their direct beneficial ownership of common stock and records share withholding transactions related to tax obligations on equity awards granted by the company.
Why was this Vital Farms (VITL) Form 4 amended?
The Form 4 was amended because the number of shares withheld to satisfy the withholding tax obligation was inadvertently misreported. The amendment corrects both the number of shares withheld and the number of shares beneficially owned following the reported transactions, aligning the record with the actual tax withholding.
Does the Vital Farms (VITL) Form 4/A show open-market insider selling?
No. The filing uses transaction code “F,” indicating shares were withheld by Vital Farms to satisfy tax obligations on equity awards. The explanation section clarifies that these shares were retained by the issuer for withholding taxes, not sold in discretionary market transactions by the officer.