Vera Bradley (VRA) CAO has 14,019 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Bradley, Inc. chief administrative officer Mark C. Dely reported routine share dispositions related to tax withholding on vesting restricted stock units. On April 4 and April 5, a total of 14,019 shares of common stock were withheld at $3.39 per share to satisfy tax obligations. Following these non‑market transactions, Dely directly holds 351,880 shares of Vera Bradley common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dely Mark C
Role
CHIEF ADMINISTRATIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,174 | $3.39 | $14K |
| Tax Withholding | Common Stock | 9,845 | $3.39 | $33K |
Holdings After Transaction:
Common Stock — 351,880 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares (April 4): 9,845 shares at $3.39
Tax-withholding shares (April 5): 4,174 shares at $3.39
Total tax-withheld shares: 14,019 shares
+2 more
5 metrics
Tax-withholding shares (April 4)
9,845 shares at $3.39
Code F disposition to cover tax on vesting RSUs
Tax-withholding shares (April 5)
4,174 shares at $3.39
Code F disposition to cover tax on vesting RSUs
Total tax-withheld shares
14,019 shares
Combined April 4–5 Form 4 transactions, code F
Shares held after transactions
351,880 shares
Direct Vera Bradley common stock holding after April 5
Insider role
Chief Administrative Officer
Officer title for reporting person Mark C. Dely
Key Terms
tax-withholding disposition, restricted stock unit award, Form 4, Common Stock, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock unit award financial
"vesting of a previously granted restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code F regulatory
""transaction_code": "F""
FAQ
What did Vera Bradley (VRA) executive Mark C. Dely report on this Form 4?
Mark C. Dely reported share dispositions tied to tax withholding obligations. Two transactions on April 4 and April 5 involved 14,019 Vera Bradley common shares withheld at $3.39 per share in connection with vesting restricted stock unit awards, rather than open‑market stock sales.
Were the Vera Bradley (VRA) Form 4 transactions open-market stock sales?
No, the Form 4 classifies both transactions with code F as tax-withholding dispositions. Shares were withheld by the issuer to cover tax obligations on vesting restricted stock units, according to the footnote, instead of being sold by Mark C. Dely on the open market.
What does transaction code F mean in the Vera Bradley (VRA) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Form 4, it denotes that Vera Bradley common shares were withheld to satisfy Mark C. Dely’s tax obligations when previously granted restricted stock unit awards vested.