Form 4: Boot Barn Executive Michael Love Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Michael Love, Chief Retail Officer of Boot Barn Holdings, Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 14, 2025, Michael Love, the Chief Retail Officer of Boot Barn Holdings, Inc., had shares withheld by the issuer to satisfy withholding taxes due in connection with the vesting of restricted stock units.
- A total of 112 shares of common stock were withheld at a price of $132.84 per share.
- Following the transaction, Love directly owns 3,467 shares of common stock and holds 9,042 shares underlying restricted stock units that remain subject to time-based vesting.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are used to disclose transactions in a company's stock by its insiders. This filing indicates a standard process of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: shares withheld to cover tax obligations related to vesting restricted stock units. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Vesting, Tax Withholding, Michael Love, Boot Barn Holdings, BOOT, Executive Compensation, Insider Trading
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