Form 4: Concrete Pumping Holdings CEO Exercises Options, Sells Shares for Tax Obligations
SEC Form 4 Filing
Bruce F. Young, CEO of Concrete Pumping Holdings, exercised options and sold shares to cover tax withholding and exercise price obligations.
Summary
- On May 14, 2024, Bruce F. Young, the CEO of Concrete Pumping Holdings, Inc., exercised 697,544 options to acquire common stock at a price of $0.87 per share.
- The company withheld 330,982 of the underlying shares to satisfy tax withholding and exercise price obligations at a price of $6.95.
- Following these transactions, Young directly owns 1,709,771 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option exercises and share withholding. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily reflect a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 01/01/2019 | Date options exercisable |
| 02/05/2025 | Expiration date of options |
| 05/14/2024 | Date of transaction: CEO exercised options and shares were withheld. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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