Form 4: Skyline Champion Corp CEO Mark J. Yost Reports Stock Transaction
SEC Form 4 Filing
CEO Mark J. Yost reports disposition of Skyline Champion Corp shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 20, 2024, Mark J. Yost, CEO & President of Skyline Champion Corp, disposed of 5,580 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer at a price of $84.26 per share.
- Following the transaction, Yost directly owns 175,439 shares of common stock.
- Yost also indirectly owns 144,000 shares as Investment Manager of SLAT and 59,279 shares as spouse to account holder.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CEO, trade their company's stock. This provides transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of stock transaction (disposal of shares). |
| 03/22/2024 | Date of signature on the Form 4 filing. |
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