Form 4: Boot Barn Executive John Hazen Reports Stock Transactions Following RSU Vesting

Sentiment:

SEC Form 4 Filing


John Hazen, Chief Digital Officer 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 John Hazen, the Chief Digital Officer, to cover withholding taxes related to the vesting of restricted stock units (RSUs) at a price of $106.86 per share.
  • Following this transaction, Hazen directly owns 4,426 shares of common stock.
  • On May 14, 2024, the company withheld 248 shares at $107.03 per share related to the vesting of additional RSUs.
  • After the second transaction, Hazen directly owns 4,872 shares of common stock.
  • Hazen also holds 10,367 shares of common stock underlying restricted stock units that are subject to time-based vesting.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

DateDescription
05/12/2024Withholding of 479 shares for tax obligations related to RSU vesting.
05/14/2024Withholding of 248 shares for tax obligations related to RSU vesting.
05/15/2024Date of Form 4 filing.

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