Zumiez (ZUMZ) CLO Chris Visser has 1,371 shares withheld for taxes
Rhea-AI Filing Summary
Zumiez Inc reported a Form 4 for Chief Legal Officer and Secretary Chris K. Visser showing a routine tax-related share disposition. On this date, 1,371 shares of common stock were withheld by Zumiez Inc. at $21.17 per share to satisfy taxes on restricted stock vesting. After this withholding, Visser directly holds 53,474 shares of Zumiez common stock, which includes 3,893 shares acquired through the Zumiez Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,371 shares
Net Sell
1 txn
Insider
Visser Chris K.
Role
Chief Legal Officer & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,371 | $21.17 | $29K |
Holdings After Transaction:
Common Stock — 53,474 shares (Direct)
Footnotes (2)
- F1. Shares withheld by Zumiez Inc. to pay taxes on restricted stock.
- F2. The shares total includes 3,893 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zumiez (ZUMZ) report for Chris K. Visser?
Zumiez reported that Chief Legal Officer Chris K. Visser had 1,371 shares of common stock withheld to pay taxes on restricted stock. This is a tax-withholding disposition, not an open-market sale, and occurred at $21.17 per share.
What role does Chris K. Visser hold at Zumiez (ZUMZ) in this Form 4 filing?
Chris K. Visser is identified as the Chief Legal Officer and Secretary of Zumiez Inc. in the Form 4. The reported transaction reflects shares withheld by the company to cover his tax obligations related to restricted stock awards.