Form 4: Boot Barn Holdings Director, Brenda I. Morris, Reports Changes in Beneficial Ownership

Director Brenda I. Morris reports changes in beneficial ownership of Boot Barn Holdings, Inc. shares, including acquisition of restricted stock units and holdings of common stock.

Summary

• On May 16, 2024, Brenda I. Morris, a director of Boot Barn Holdings, Inc., reported changes in her beneficial ownership of the company's stock.
• She acquired 1,298 shares underlying restricted stock units granted under the company's 2020 Equity Incentive Plan, which are subject to vesting on May 16, 2025.
• As of May 16, 2024, Morris directly holds 4,348 shares of common stock, excluding shares subject to further vesting conditions.
• She also holds 2,996 shares of common stock underlying restricted stock units that remain subject to time-based vesting.
• Additionally, she holds 2,620 shares underlying restricted stock units for which the vesting criteria have been satisfied but the delivery of such shares has been deferred.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and the actions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership of company stock by a director.

Key Dates