Zumiez (ZUMZ) CFO has shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zumiez Inc Chief Financial Officer Work Christopher Codington reported a routine tax-related share withholding. On March 13, 2026, 1,349 shares of common stock were withheld by Zumiez at $21.43 per share to cover taxes on restricted stock.
After this transaction, he directly owns 104,882 shares of Zumiez common stock, which includes 17,295 shares acquired through the Zumiez Employee Stock Purchase Plan. This was not an open-market sale, but an automatic tax-withholding event tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Work Christopher Codington
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,349 | $21.43 | $29K |
Holdings After Transaction:
Common Stock — 104,882 shares (Direct)
Footnotes (1)
- Shares withheld by Zumiez Inc. to pay taxes on restricted stock. The shares total includes 17,295 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan.
FAQ
What insider transaction did Zumiez (ZUMZ) report for its CFO?
Zumiez reported a tax-related share withholding for CFO Work Christopher Codington. The company withheld 1,349 common shares to cover taxes on restricted stock, a routine equity compensation mechanism rather than an open-market purchase or sale.
Was the Zumiez (ZUMZ) CFO’s Form 4 a stock sale in the open market?
No, the Form 4 does not show an open-market sale. It reports shares withheld by Zumiez to pay taxes on restricted stock, categorized as a tax-withholding disposition rather than a discretionary buy or sell in the market.
What does transaction code F mean in the Zumiez (ZUMZ) Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In this case, Zumiez retained 1,349 shares of common stock to cover the CFO’s tax liability on restricted stock, a standard feature of stock-based compensation programs.