Form 4: Boot Barn Executive Michael Love Reports Stock Transactions Following Vesting of Restricted Stock Units
SEC Form 4 Filing
Michael Love, Chief Retail Officer of Boot Barn Holdings, Inc., reports the acquisition and disposal of company stock related to the vesting of restricted stock units to cover tax obligations.
Summary
- On May 16, 2025, Michael Love, Chief Retail Officer of Boot Barn Holdings, Inc., had 1,642 restricted stock units vest, resulting in the withholding of 400 shares to cover taxes at a price of $156.71 per share.
- Following this transaction, Love directly owned 4,709 shares and held rights to 11,070 shares underlying restricted stock units.
- On May 19, 2025, 2,059 restricted stock units vested, and 502 shares were withheld for taxes at a price of $160.94 per share.
- After this transaction, Love directly owned 6,266 shares and held rights to 9,011 shares underlying restricted stock units.
- The restricted stock units are part of the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan and vest annually over three years.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This 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
- Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Vesting of 1,642 restricted stock units; 400 shares withheld for taxes at $156.71 per share. |
| 05/19/2025 | Vesting of 2,059 restricted stock units; 502 shares withheld for taxes at $160.94 per share. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Boot Barn Holdings, Michael Love, Vesting, Equity Incentive Plan
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