Zumiez (ZUMZ) CLO Chris Visser reports equity grants and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zumiez Inc Chief Legal Officer & Secretary Chris K. Visser reported routine equity compensation activity. He received a grant of 11,510 shares of common stock that will vest over three years and a stock option for 22,624 shares at $21.72 per share, vesting in equal annual installments over four years and expiring in 2036. To cover taxes on restricted stock, 1,382 shares of common stock were withheld at $21.51 per share. After these transactions, he directly holds 54,845 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Visser Chris K.
Role
Chief Legal Officer & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,382 | $21.51 | $30K |
| Grant/Award | Stock Option (Right to Buy) | 22,624 | $0.00 | -- |
| Grant/Award | Common Stock | 11,510 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,845 shares (Direct);
Stock Option (Right to Buy) — 22,624 shares (Direct)
Footnotes (1)
- The shares acquired represent a grant of restricted stock that will vest over 3 years The shares total includes 3,893 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan. Shares withheld by Zumiez Inc. to pay taxes on restricted stock. Options subject to this grant vest over a 4-year period in equal annual installments.
FAQ
What insider transactions did Zumiez (ZUMZ) report for Chris K. Visser?
Zumiez reported that Chief Legal Officer Chris K. Visser received grants of 11,510 restricted shares and options for 22,624 shares, and had 1,382 shares withheld to cover taxes on restricted stock. These actions reflect compensation and tax withholding rather than open-market trading.
What stock option grant did Zumiez (ZUMZ) give Chris K. Visser?
Chris K. Visser received a stock option covering 22,624 shares of Zumiez common stock with an exercise price of $21.72 per share. The options vest over four years in equal annual installments and expire on March 16, 2036, creating a long-term incentive tied to company performance.
Is Chris K. Visser buying or selling Zumiez (ZUMZ) stock on the market?
The reported transactions do not show open-market buying or selling by Chris K. Visser. Instead, they reflect equity compensation grants and shares withheld to cover taxes on restricted stock, which are standard administrative and compensation-related events rather than discretionary market trades.