Form 4: BRP Group Chief Accounting Officer Reports Tax Withholding Transactions
SEC Form 4
Corbyn N. Lichon, Chief Accounting Officer of BRP Group, Inc., reports the withholding of Class A Common Stock shares by the issuer to cover income tax obligations related to vesting restricted stock.
Summary
- Corbyn N. Lichon, Chief Accounting Officer of BRP Group, Inc., filed a Form 4 on March 15, 2024.
- The report details the withholding of Class A Common Stock by BRP Group to satisfy income tax withholding obligations.
- These obligations arose from the vesting of restricted Class A common stock previously reported on Form 4 filings on April 4, 2023, April 5, 2022, and May 5, 2021.
- A total of 140, 112, and 81 shares were withheld at a price of $29.44 per share.
- Following these transactions, Lichon directly owns 33,204 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This Form 4 filing reflects routine tax withholding transactions, indicating a neutral sentiment. It doesn't suggest any positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates routine tax-related transactions and doesn't necessarily reflect a change in the officer's overall sentiment towards the company.
Key Dates
| Date | Description |
|---|---|
| 04/04/2023 | Date of Form 4 filing related to restricted Class A common stock vesting, triggering some of the reported tax withholding. |
| 04/05/2022 | Date of Form 4 filing related to restricted Class A common stock vesting, triggering some of the reported tax withholding. |
| 05/05/2021 | Date of Form 4 filing related to restricted Class A common stock vesting, triggering some of the reported tax withholding. |
| 03/15/2024 | Date of the reported transaction (tax withholding) and filing of this Form 4. |
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