Form 4: Big 5 Sporting Goods Executive Boyd O. Clark Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP and Chief Merchandising Officer of Big 5 Sporting Goods, Boyd O. Clark, disposed of shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On March 14, 2025, Boyd O. Clark, EVP and Chief Merchandising Officer of Big 5 Sporting Goods, disposed of 3,698 shares of common stock at a price of $0.99.
- The transaction was executed on March 18, 2025.
- This disposal was to cover tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Clark directly owns 43,568 shares of Big 5 Sporting Goods Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction (disposal of shares) |
| 03/18/2025 | Deemed execution date |
| 03/20/2025 | Date of signature by Attorney-in-Fact |
Keywords
Form 4, Big 5 Sporting Goods, BGFV, Insider Trading, Stock Disposal, Boyd O. Clark, Tax Withholding, Restricted Stock, EVP, Chief Merchandising Officer
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