Form 4: Big Lots Executive Vice President Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ronald A. Robins Jr., Executive Vice President at Big Lots Inc., reports transactions involving common stock, including acquisitions and disposals to cover tax obligations.
Summary
- On March 22, 2024, Ronald A. Robins Jr., Executive Vice President of Big Lots Inc., disposed of 944 shares of common stock at $4.02 per share to cover taxes.
- On March 25, 2024, Robins disposed of 6,284 shares at $3.77 per share for tax obligations.
- On the same day, Robins acquired 80,152 shares and 9,809 shares of common stock at $0.
- Following these transactions, Robins directly owns 252,630 shares of Big Lots Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Positives
- The reporting person's direct ownership increased to 252,630 shares after the transactions.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Disposal of 944 shares of common stock at $4.02 per share for tax obligations. |
| 03/25/2024 | Disposal of 6,284 shares of common stock at $3.77 per share for tax obligations; acquisition of 80,152 and 9,809 shares of common stock at $0. |
| 03/25/2024 | Date of signature for the report by Ronald A. Robins, Jr. |
Keywords
beneficial ownership, Form 4, Big Lots, common stock, executive compensation, insider trading, equity award, taxes
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.