Form 4: Cracker Barrel CEO Julie Masino Disposes of Shares to Cover Tax Obligations

CEO Julie Masino disposed of 3,642 shares of Cracker Barrel stock on September 30, 2024, to satisfy federal tax withholding obligations related to the vesting of a previously disclosed award.

Summary

• On September 30, 2024, Julie D. Masino, CEO of Cracker Barrel Old Country Store, Inc., disposed of 3,642 shares of common stock.
• The transaction was executed to cover federal tax withholding obligations arising from the vesting of a previously disclosed award.
• The shares were disposed of at a price of $45.35 per share.
• Following the transaction, Masino directly owns 47,698 shares of Cracker Barrel common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations and may not reflect a change in the executive's long-term outlook for the company.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal to cover tax obligations.

Key Dates