Form 4: BellRing Brands Director Robert Vitale Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Robert Vitale sold shares of BellRing Brands, Inc. to cover tax obligations related to vesting restricted stock units.
Summary
- Robert V. Vitale, a director of BellRing Brands, Inc., sold shares of common stock on February 11, 2025.
- The sales were executed in two transactions at weighted average prices of $75.17 and $76.16 per share.
- The sales totaled 8,449 and 19,785 shares respectively.
- These sales were to cover tax obligations related to the vesting of performance-based and time-based restricted stock units.
- Following the transactions, Vitale directly owns 1,138,457 shares and indirectly owns 132,483 shares through the 2020 Family Trust (Robert Vitale) and 166,021 shares through the 2020 Family Trust (Spouse).
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations are a routine part of equity compensation for company directors and officers.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the stock sale transactions. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
BellRing Brands, BRBR, Robert Vitale, share sale, Form 4, director, tax obligations, restricted stock units, insider trading
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