Form 4: Barnes & Noble Education CEO Jonathan Shar Reports Share Transaction
SEC Form 4 Filing
CEO Jonathan Shar reports a transaction involving Barnes & Noble Education common stock related to tax withholding on vested restricted stock units.
Summary
- On June 16, 2024, Jonathan Shar, CEO of Barnes & Noble Education, Inc. (BNED), reported a transaction involving the company's common stock.
- The transaction involved 80 shares withheld by the issuer to cover applicable withholding taxes on the vesting of restricted stock units at a price of $8.65.
- Following the transaction, Shar beneficially owns 918 shares of BNED common stock.
- The filing also notes that on June 11, 2024, BNED effected a 1-for-100 reverse stock split, which adjusted the number of securities beneficially owned.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Barnes & Noble Education effected a 1-for-100 reverse stock split. |
| 06/16/2024 | Transaction date for the reported stock activity. |
| 06/18/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.