Form 4: Anywhere Real Estate Inc. Executive Melissa K. McSherry Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
Melissa K. McSherry, EVP and Chief Operating Officer of Anywhere Real Estate Inc., reported the forfeiture of 13,422 shares of common stock to cover tax withholding obligations.
Summary
- On February 28, 2024, Melissa K. McSherry, EVP and Chief Operating Officer of Anywhere Real Estate Inc., reported a transaction involving the forfeiture of 13,422 shares of common stock.
- The shares were forfeited to satisfy tax withholding obligations upon the partial vesting of a restricted stock unit award.
- Following the transaction, McSherry directly owns 288,870 shares of Anywhere Real Estate Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard tax obligation related to stock-based compensation.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to forfeit shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-06-01 | Date of Power of Attorney execution, authorizing Marilyn J. Wasser, Seth Truwit, and Katherine M. Hanna to act on behalf of Melissa K. McSherry for SEC filings. |
| 2024-02-28 | Date of the transaction where 13,422 shares of common stock were forfeited to satisfy tax withholding obligations. |
| 2024-03-01 | Date of signature for the Form 4 filing. |
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