Form 4: Boot Barn CEO John Hazen Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Boot Barn Holdings CEO John Hazen sold 681 shares of common stock on May 12, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

  • On May 12, 2025, John Hazen, the CEO of Boot Barn Holdings, Inc., disposed of 681 shares of common stock to satisfy withholding taxes.
  • This transaction was related to the vesting of 1,341 previously disclosed restricted stock units.
  • The shares were sold at a price of $133.30 per share, which was the closing price of the common stock on the vesting date.
  • Following the transaction, Hazen directly owns 4,597 shares of common stock.
  • Hazen also holds 15,209 shares of common stock underlying restricted stock units that remain subject to time-based vesting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's stock transactions. It doesn't inherently convey positive or negative sentiment, as it's a routine part of corporate governance.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity awards.

Key Dates

DateDescription
05/12/2025Date of the transaction where 681 shares were disposed of to cover tax obligations and vesting of shares.
05/13/2025Date of signature for the Form 4 filing.

Keywords

Form 4, John Hazen, Boot Barn Holdings, Executive Compensation, Stock Sale, Insider Trading, Restricted Stock Units, Tax Withholding

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