Village Super Market (VLGEA) VP has shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Village Super Market VP of Finance & CAO Luigi Perri reported a tax-related share disposition under a compensation event. A total of 7,281 shares of Class A common stock were withheld at $42.79 per share to cover tax liabilities. After this non-market transaction, Perri directly holds 12,212 shares, indicating the move is a routine administrative adjustment rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perri Luigi
Role
VP of Finance & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | CLASS A COMMON STOCK | 7,281 | $42.79 | $312K |
Holdings After Transaction:
CLASS A COMMON STOCK — 12,212 shares (Direct)
Footnotes (1)
FAQ
What did Village Super Market (VLGEA) executive Luigi Perri report on this Form 4?
Luigi Perri reported a tax-withholding disposition of 7,281 shares of Village Super Market Class A common stock. Shares were withheld at $42.79 each to satisfy tax obligations from an equity compensation event, not sold in the open market.
What does transaction code F mean on the VLGEA Form 4 for Luigi Perri?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 7,281 Village Super Market Class A shares at $42.79 were withheld to cover taxes from an equity award, not voluntarily sold on the market.
Does Luigi Perri’s Form 4 suggest a change in sentiment toward VLGEA stock?
The filing does not clearly signal a change in sentiment. The 7,281-share disposition is classified as tax withholding under code F, a standard, non-discretionary step when equity compensation vests, while Perri continues to hold 12,212 shares afterward.