Form 4: Cracker Barrel Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christopher Bryant Edwards, SVP and Chief Strategy Officer of Cracker Barrel, disposed of 200 shares to cover federal tax withholding obligations.
Summary
- On September 30, 2024, Christopher Bryant Edwards, SVP, Chief Strategy Officer of Cracker Barrel Old Country Store, Inc., disposed of 200 shares of common stock to satisfy federal tax withholding obligations.
- The transaction was executed at a price of $45.35 per share.
- Following the transaction, Edwards directly owns 3,700 shares of Cracker Barrel common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Christopher Bryant Edwards disposed of 200 shares of common stock. |
| 10/01/2024 | Date of signature on the Form 4 filing. |
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