Form 4: Big 5 Sporting Goods CEO Steven Miller Reports Tax-Related Stock Disposition
SEC Form 4 Filing
Steven G. Miller, Chairman, President, and CEO of Big 5 Sporting Goods, reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 14, 2024, Steven G. Miller, Chairman, President, and CEO of Big 5 Sporting Goods Corporation, disposed of 6,957 shares of common stock at a price of $3.58 per share to cover tax withholding obligations.
- Following the transaction, Miller directly owns 96,461 shares.
- Miller also indirectly owns 506,006 shares through the Steven G. Miller and Jacquelyne G. Miller Trust dated September 13, 1990, and 274,232 shares through Robert W. and Florence Miller Family Partners, L.P.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive stock transactions and is common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| September 13, 1990 | Date of the Steven G. Miller and Jacquelyne G. Miller Trust |
| 03/14/2024 | Date of stock disposition for tax obligations |
| 03/15/2024 | Deemed execution date of the transaction |
| 03/19/2024 | Date of signature on the Form 4 filing |
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