Form 4: Boise Cascade EVP Joanna L. Barney Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joanna L. Barney, EVP of Boise Cascade Company, reports acquisition and disposal of common stock related to restricted stock unit (RSU) and performance stock unit (PSU) awards.
Summary
- On March 1, 2025, Joanna L. Barney, EVP of Boise Cascade Company, reported changes in her beneficial ownership of the company's common stock.
- She acquired 5,065 shares related to a restricted stock unit (RSU) award.
- She disposed of 147 shares and 588 shares to cover taxes due on vesting PSU and RSU awards respectively, at a price of $103.66 per share.
- Following these transactions, her direct ownership stands at 13,372 shares of common stock.
- The RSU award shares are deliverable in three equal tranches on March 1, 2026, 2027, and 2028.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of executive interests with shareholders.
Positives
- The acquisition of 5,065 shares indicates continued alignment with the company's performance.
Future Outlook
The reporting person will receive shares underlying the 2025 restricted stock unit award in three equal tranches on March 1, 2026, 2027 and 2028.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions reflect standard executive compensation practices, which can impact shareholder perception of management alignment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction and RSU award. |
| 03/01/2026 | First tranche delivery date for RSU award. |
| 03/01/2027 | Second tranche delivery date for RSU award. |
| 03/01/2028 | Third tranche delivery date for RSU award. |
| 03/04/2025 | Date of signature by power of attorney. |
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.