Form 4: Boot Barn Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Laurie Marie Grijalva, Chief Merchandising Officer of Boot Barn Holdings, Inc., sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 12, 2025, Laurie Marie Grijalva, Chief Merchandising Officer of Boot Barn Holdings, Inc., disposed of 480 shares of common stock.
- The shares were withheld by the issuer to satisfy withholding taxes due in connection with the vesting of restricted stock units.
- The price per share was $133.30, the closing price of the common stock on the vesting date.
- Following the transaction, Grijalva directly owns 14,209 shares of common stock.
- Grijalva also holds 9,736 shares of common stock underlying restricted stock units that remain subject to time-based vesting.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction to cover tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from the vesting of stock awards.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction (sale of shares to cover taxes). |
| 05/13/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock vesting, restricted stock units, BOOT, Boot Barn Holdings, Laurie Marie Grijalva, Chief Merchandising Officer
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