Form 4: Boot Barn Holdings Executive Chairman Peter Starrett Reports Share Transactions

Executive Chairman of Boot Barn Holdings, Peter Starrett, reports acquisition and disposal of company shares and restricted stock units.

Summary

• Peter Starrett, Executive Chairman of Boot Barn Holdings, reported several transactions involving the company's stock on November 22, 2024.
• He acquired 6,385 shares of common stock through restricted stock units granted under the company's 2020 Equity Incentive Plan, which will vest on the second anniversary of the grant date.
• He also disposed of 7,683 shares of common stock, which are part of the total number of shares underlying restricted stock units held by him that remain subject to time-based vesting.
• Additionally, he indirectly owns 14,799 shares through The Starrett Family Trust, and directly owns 10,442 shares underlying restricted stock units for which vesting criteria have been met but delivery is deferred.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider transactions and is common for executives holding company stock and equity-based compensation.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and the transactions reported by Peter Starrett are typical for executives with equity compensation.
• Similar filings are made by executives at comparable companies such as Tractor Supply Company (TSCO) and Dick's Sporting Goods (DKS) when they trade company stock.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are generally considered routine insider activity.
• Shareholders may be interested in tracking insider transactions as an indicator of management's confidence in the company.

Key Dates

Keywords

Boot Barn Holdings, Peter Starrett, stock transactions, restricted stock units, insider trading, equity incentive plan, share ownership