Form 4: Boot Barn Holdings CEO James Grant Conroy Reports Changes in Beneficial Ownership

James Grant Conroy, President and CEO of Boot Barn Holdings, Inc., reports changes in beneficial ownership of company stock, including the acquisition of restricted stock units and the direct holding of common stock.

Summary

• On May 16, 2024, James Grant Conroy, the President and CEO of Boot Barn Holdings, Inc., reported changes in his beneficial ownership of the company's stock.
• He acquired 23,503 shares underlying restricted stock units granted under the company's 2020 Equity Incentive Plan.
• These restricted stock units vest over a three-year period in equal annual installments on each anniversary of the grant date.
• As of May 16, 2024, Conroy holds a total of 71,243 shares of common stock underlying restricted stock units that remain subject to time-based vesting.
• He also directly holds 61,578 shares of common stock as of May 16, 2024, excluding any shares subject to further vesting conditions.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

• The acquisition of restricted stock units aligns the CEO's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the CEO.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock ownership and transactions.

Stakeholder Impact

• Shareholders are informed about the CEO's stock ownership and recent transactions.
• Employees may be interested in the details of the equity incentive plan.

Key Dates