Zumiez (ZUMZ) CFO receives stock, options while shares withheld for taxes
Rhea-AI Filing Summary
Zumiez Inc Chief Financial Officer Christopher Codington Work reported equity compensation changes and a routine tax-related share withholding. He received a grant of 14,963 shares of restricted common stock, which will vest over three years, and a stock option for 29,411 shares at an exercise price of $21.72 per share expiring in 2036.
To cover taxes on restricted stock, 1,801 common shares were withheld at $21.51 per share. After these transactions, he directly holds 118,044 common shares and the new option award, with the options vesting in equal annual installments over four years.
Positive
- None.
Negative
- None.
Insights
Zumiez CFO reports routine equity grants and tax withholding with no open‑market trades.
The Zumiez Inc Chief Financial Officer received equity as part of compensation: 14,963 restricted shares and options for 29,411 shares at $21.72, expiring in 2036. Both awards vest over multi‑year schedules, indicating standard long-term incentive design.
To satisfy tax obligations on restricted stock, 1,801 shares were withheld at $21.51 rather than sold in the open market. Following these entries, he holds 118,044 common shares directly plus the new options. The scale and structure look like routine compensation, not a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,801 | $21.51 | $39K |
| Grant/Award | Stock Option (Right to Buy) | 29,411 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 14,963 | $0.00 | $0.00 |
Footnotes (4)
- F1. The shares acquired represent a grant of restricted stock that will vest over 3 years
- F2. The shares total includes 17,295 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan.
- F3. Shares withheld by Zumiez Inc. to pay taxes on restricted stock.
- F4. Options subject to this grant vest over a 4-year period in equal annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.