Vital Farms (VITL) CMO reports tax-related share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vital Farms, Inc. executive Kathryn McKeon, CMO and GM, Butter, reported routine tax-related share withholdings. On two March transactions, a total of 2,611 shares of common stock were withheld by the company to satisfy tax obligations, rather than sold on the open market. After these dispositions, she directly holds 49,671 shares of Vital Farms common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McKeon Kathryn
Role
CMO and GM, Butter
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 928 | $17.21 | $16K |
| Tax Withholding | Common Stock | 1,683 | $17.62 | $30K |
Holdings After Transaction:
Common Stock — 49,671 shares (Direct)
Footnotes (1)
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FAQ
What insider activity did Vital Farms (VITL) report for Kathryn McKeon?
Vital Farms reported that CMO and GM, Butter, Kathryn McKeon had company shares withheld to cover tax obligations. These Form 4 transactions reflect tax-withholding dispositions, not open-market purchases or sales, and are tied to equity compensation events rather than discretionary trading.
Were Kathryn McKeon’s Vital Farms (VITL) transactions open-market sales?
No, the reported transactions were not open-market sales. They are coded F on Form 4, described as payments of tax liability by delivering securities, meaning the issuer withheld shares to cover taxes rather than McKeon selling shares into the market.
What does transaction code F mean in the Vital Farms (VITL) Form 4?
Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. For Vital Farms, this means the company withheld McKeon’s shares to satisfy tax obligations arising from equity compensation, rather than her executing discretionary market trades.
Does the Vital Farms (VITL) Form 4 mention any derivative holdings for Kathryn McKeon?
The filing’s derivative section is empty, indicating no remaining derivative positions are reported in this specific Form 4. The focus is solely on non-derivative common stock withheld for taxes, with no additional options or other derivative securities detailed here.