Form 4: Big 5 Sporting Goods Executive Starr Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Senior VP of Operations at Big 5 Sporting Goods, Shane O. Starr, disposed of 2,960 shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On March 14, 2025, Shane O. Starr, Senior VP of Operations at Big 5 Sporting Goods, disposed of 2,960 shares of common stock.
- The shares were sold at a price of $0.99 per share.
- This disposition was to cover tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Starr directly owns 23,840 shares of Big 5 Sporting Goods Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares 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 of the transaction. |
| 03/20/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Big 5 Sporting Goods, BGFV, Insider Trading, Stock Sale, Shane O. Starr, Tax Withholding, Restricted Stock
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