Form 4: BRP Group Insider Laura Sherman Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Laura Sherman, a member of a 10% owner group of BRP Group, Inc., reports the disposal of shares to cover income tax withholding obligations.
Summary
- On April 1, 2024, Laura Sherman, a member of a 10% owner group of BRP Group, Inc., disposed of 186 shares of Class A Common Stock.
- The shares were withheld by the issuer to satisfy income tax withholding obligations related to the vesting of restricted stock previously reported on June 14, 2022.
- The transaction price was $28.55 per share.
- Following the transaction, Sherman directly owns 1,512 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of an insider transaction related to tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 14, 2022 | Date of Form 4 filing related to the vesting of restricted stock. |
| April 01, 2024 | Date of the transaction where shares were disposed of to cover income tax withholding obligations. |
| April 03, 2024 | Date of signature for the Form 4 filing. |
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