Form 4: Skyline Champion Corp Executive Larson Timothy Mark Reports Tax Withholding
SEC Form 4 Filing
Chief Growth Officer Timothy Mark Larson reports the withholding of 1,092 common stock shares by Skyline Champion Corp to cover tax obligations related to vesting restricted stock units.
Summary
- On March 20, 2024, Skyline Champion Corp withheld 1,092 shares of common stock from Chief Growth Officer Timothy Mark Larson to satisfy tax withholding obligations.
- The shares were withheld in connection with the vesting and delivery of restricted stock units.
- The price per share for the transaction was $84.26.
- Following the transaction, Larson directly owns 40,617 shares of Skyline Champion Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. It's a standard procedure and doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transaction: Shares withheld for tax obligations related to vesting of restricted stock units. |
| 03/22/2024 | Date of signature by Attorney-in-Fact. |
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