Form 4: Skyline Champion Corp Executive Timothy A. Burkhardt Reports Stock Transaction
SEC Form 4 Filing
VP & Controller of Skyline Champion Corp, Timothy A. Burkhardt, reports disposition of 615 common stock shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 20, 2024, Timothy A. Burkhardt, VP & Controller of Skyline Champion Corp, disposed of 615 shares of common stock.
- The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $84.26 per share.
- Following the transaction, Burkhardt directly owns 33,312 shares of Skyline Champion Corp.
- The transaction was reported on March 22, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
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 Form 4 filing. |
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