Form 4: Skyline Champion Corp Executive VP, Operations, Joseph A. Kimmell, Reports Stock Disposal for Tax Obligations
SEC Form 4
Joseph A. Kimmell, EVP of Operations at Skyline Champion Corp, disposed of 987 shares of common stock on March 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 20, 2024, Joseph A. Kimmell, the Executive Vice President of Operations at Skyline Champion Corp, disposed of 987 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting and delivery of restricted stock units.
- The transaction was executed at a price of $84.26 per share.
- Following the transaction, Kimmell directly owns 44,808 shares of Skyline Champion Corp.
- The transaction was reported on March 22, 2024.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate a positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of stock disposal to cover tax withholding obligations. |
| 03/22/2024 | Date of Form 4 filing. |
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