Form 4: Cracker Barrel Executive Richard M. Wolfson Reports Stock Transactions

Richard M. Wolfson, SVP & General Counsel of Cracker Barrel, reports the vesting and subsequent tax withholding of performance stock units.

Summary

• Richard M. Wolfson, a Senior Vice President and General Counsel at Cracker Barrel Old Country Store, Inc., filed a Form 4 on October 1, 2024, reporting transactions that occurred on September 30, 2024.
• The transactions involved common stock and performance stock units.
• 867 performance stock units vested based on the achievement of three-year performance requirements under the FY22 Long-Term Performance Plan.
• A total of 1,686 shares were deducted to satisfy federal tax withholding obligations related to the vesting of the performance stock units and a previously disclosed award, at a price of $45.35 per share.
• Following these transactions, Wolfson directly owns 22,397 shares of Cracker Barrel common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which has a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates