Vital Farms (VITL) CSO has 2,330 shares withheld for taxes
Rhea-AI Filing Summary
Vital Farms, Inc. Chief Strategy Officer and President, Eggs, Peter Nicholas Pappas reported routine share dispositions related to taxes, not open-market sales. On two March dates, a total of 2,330 shares of common stock were withheld by the company to satisfy withholding tax obligations, and he continues to hold 81,669 shares directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,330 shares
Net Sell
2 txns
Insider
Pappas Peter Nicholas
Role
CSO and President, Eggs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 928 | $17.21 | $16K |
| Exercise Price or Tax Liability | Common Stock | 1,402 | $17.62 | $25K |
Holdings After Transaction:
Common Stock — 81,669 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Issuer to satisfy withholding tax obligation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Vital Farms (VITL) report for Peter Nicholas Pappas?
Vital Farms reported that CSO and President, Eggs, Peter Nicholas Pappas had company shares withheld to cover tax obligations. Two Form 4 transactions show tax-related share dispositions rather than open-market trades, reflecting routine equity compensation mechanics instead of discretionary buying or selling.
What is transaction code F in the Vital Farms (VITL) Form 4 for Peter Pappas?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, Vital Farms withheld common shares from Peter Pappas to satisfy withholding taxes tied to equity compensation, rather than him selling shares into the open market.
What role does Peter Nicholas Pappas hold at Vital Farms in this Form 4?
Peter Nicholas Pappas is identified as CSO and President, Eggs at Vital Farms. His Form 4 filing reports tax-related share withholdings connected to his equity compensation, while confirming his ongoing direct ownership stake in the company’s common stock after the transactions.