Form 4: Boot Barn CFO James Watkins Reports Stock Transactions Following Vesting of Restricted Stock Units
SEC Form 4 Filing
James Watkins, CFO of Boot Barn Holdings, reports the withholding of shares to cover tax obligations following the vesting of restricted stock units.
Summary
- On May 12, 2024, Boot Barn Holdings withheld 479 shares of common stock from James Watkins, the CFO, to cover withholding taxes related to the vesting of restricted stock units; the shares were valued at $106.86 each.
- Following this transaction, Watkins directly owned 14,820 shares of common stock.
- On May 14, 2024, the company withheld 163 shares at $107.03 per share for similar tax obligations related to vesting.
- After the second transaction, Watkins directly owned 15,112 shares.
- Watkins also holds 9,919 shares underlying restricted stock units that are subject to time-based vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Vesting of shares underlying restricted stock units; 479 shares withheld for taxes at $106.86 per share. |
| 05/14/2024 | Vesting of shares underlying restricted stock units; 163 shares withheld for taxes at $107.03 per share. |
| 05/14/2024 | Date of total shares of common stock underlying restricted stock units held by the reporting person. |
| 05/15/2024 | Date of signature for the Form 4 filing. |
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