Vital Farms (VITL) withholds insider shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vital Farms, Inc. Chief Strategy Officer Stephanie Coon reported routine share dispositions tied to tax obligations rather than market sales. On March 12 and March 16, a total of 2,553 shares of common stock were withheld by the company at prices of $17.62 and $17.21 per share to satisfy withholding tax liabilities. After these tax-withholding transactions, she directly holds 56,419 shares of Vital Farms common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Coon Stephanie
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 928 | $17.21 | $16K |
| Tax Withholding | Common Stock | 1,625 | $17.62 | $29K |
Holdings After Transaction:
Common Stock — 56,419 shares (Direct)
Footnotes (1)
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FAQ
What did Vital Farms (VITL) Chief Strategy Officer Stephanie Coon report in this Form 4?
Stephanie Coon reported share dispositions used to cover tax obligations, not open-market sales. The company withheld common shares to satisfy her withholding tax liabilities, while she continues to directly hold a substantial equity position in Vital Farms.
Do Stephanie Coon’s Vital Farms (VITL) Form 4 transactions represent market sales of stock?
No, the transactions are tax-withholding dispositions coded as “F,” not open-market sales. Vital Farms withheld shares to pay her tax liabilities on equity compensation, a routine administrative mechanism rather than a discretionary stock sale.
What does transaction code “F” mean in Stephanie Coon’s Vital Farms (VITL) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, Vital Farms withheld common shares from Stephanie Coon’s equity awards to satisfy withholding taxes owed on that compensation.