Vital Farms (VITL) executive covers tax bill with withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vital Farms, Inc. filed a Form 4 showing that chief legal officer, secretary and head of impact Joanne Bal had company shares withheld to cover tax obligations related to equity compensation. On March 12, 1,586 shares of common stock were withheld at $17.62 per share. On March 16, an additional 1,061 shares were withheld at $17.21 per share. After these tax-withholding dispositions totaling 2,647 shares, Bal directly holds 55,343 shares of Vital Farms common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bal Joanne
Role
CLO, Secy. & Head of Impact
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,061 | $17.21 | $18K |
| Tax Withholding | Common Stock | 1,586 | $17.62 | $28K |
Holdings After Transaction:
Common Stock — 55,343 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Vital Farms (VITL) report for Joanne Bal?
Vital Farms reported that executive Joanne Bal had shares withheld to cover tax obligations on equity compensation. Two Form 4 transactions show tax-withholding dispositions of company common stock rather than market purchases or sales.
Do the Vital Farms Form 4 transactions indicate open-market buying or selling?
No. The Form 4 specifies transaction code F, meaning shares were withheld to pay tax liabilities tied to equity awards. These are not open-market purchases or sales and mainly reflect routine administration of compensation-related taxes.
What role does Joanne Bal hold at Vital Farms (VITL)?
Joanne Bal serves as Vital Farms’ chief legal officer, secretary and head of impact. The Form 4 filing reports her ownership and tax-withholding share dispositions, providing transparency into equity compensation activity for a key executive.