Form 4: Cracker Barrel Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jim Mark Spurgin, SVP and Chief Supply Chain Officer of Cracker Barrel, disposed of shares to cover federal tax withholding obligations.
Summary
- On September 30, 2024, Jim Mark Spurgin, SVP and Chief Supply Chain Officer of Cracker Barrel Old Country Store, Inc., disposed of 252 and 93 shares of common stock to satisfy federal tax withholding obligations.
- The transactions were executed at a price of $45.35 per share.
- Following the transactions, Spurgin directly owns 5,361 shares of Cracker Barrel common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock disposal for tax withholding. |
| 10/01/2024 | Date of signature on the Form 4 filing. |
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