Form 4: Duluth Holdings SVP Neala Shepherd Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Neala Shepherd, SVP of Brand and Marketing at Duluth Holdings, disposed of 604 shares of Class B Common Stock on March 22, 2024, to cover tax obligations related to vesting restricted stock.
Summary
- On March 22, 2024, Neala Shepherd, SVP of Brand and Marketing at Duluth Holdings Inc., disposed of 604 shares of Class B Common Stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock.
- The shares were disposed of at a price of $4.81 per share.
- Following the transaction, Shepherd directly owns 100,867 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact the overall sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related stock disposal, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock disposal transaction |
| 03/26/2024 | Date of signature on the report |
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