Form 4: Cracker Barrel SVP & CFO Craig Pommells Reports Stock Transactions

Craig Pommells, SVP & CFO of Cracker Barrel, reports the vesting and subsequent tax withholding of performance stock units.

Summary

• On September 30, 2024, Craig Pommells, SVP & CFO of Cracker Barrel Old Country Store, Inc., reported transactions involving common stock.
• These transactions included the vesting of 562 performance stock units and the deduction of shares to satisfy federal tax withholding obligations.
• Specifically, 234 shares were deducted at a price of $45.35 to cover taxes related to the vesting of the performance stock units.
• Additionally, 471 shares, 187 shares, and 1,019 shares were deducted at $45.35 to satisfy federal tax withholding obligations on the vesting of a previously disclosed award.
• Following these transactions, Pommells directly owns 38,927 shares of Cracker Barrel common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and doesn't inherently indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on the overall shareholding structure of the company.
• The vesting of performance stock units aligns executive compensation with company performance, potentially benefiting shareholders.

Key Dates