Vera Bradley (VRA) CAO has 13,709 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Bradley, Inc. chief administrative officer Mark C. Dely reported a routine tax-related share disposition. On the vesting of a previously granted restricted stock unit award, 13,709 shares of common stock were withheld to satisfy tax withholding obligations. These are not open-market sales. After this withholding, Dely directly holds 343,362 Vera Bradley shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dely Mark C
Role
CHIEF ADMINISTRATIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,709 | $3.84 | $53K |
Holdings After Transaction:
Common Stock — 343,362 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 13,709 shares
Reported share price: $3.84 per share
Shares held after transaction: 343,362 shares
3 metrics
Tax-withholding shares
13,709 shares
Shares withheld to cover tax obligations on RSU vesting
Reported share price
$3.84 per share
Value used for the 13,709 withheld shares
Shares held after transaction
343,362 shares
Direct Vera Bradley holdings after tax-withholding disposition
Key Terms
restricted stock unit, tax withholding obligations, Form 4
3 terms
restricted stock unit financial
"with respect to the vesting of a previously granted restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"Represents shares withheld to fulfill tax withholding obligations"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Vera Bradley (VRA) executive Mark C. Dely report on this Form 4?
Mark C. Dely reported shares withheld for taxes, not an open-market sale. The filing shows 13,709 Vera Bradley common shares were withheld to cover tax obligations tied to a previously granted restricted stock unit vesting.
Was this Vera Bradley (VRA) Form 4 a tax withholding or an open-market sale?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld to fulfill tax obligations from a restricted stock unit vesting, a common administrative event that does not reflect discretionary trading activity by the executive.