Form 4: Ennis Inc. Executive Keith S. Walters Reports Stock Transactions
SEC Form 4 Filing
Keith S. Walters, Chairman, President, and CEO of Ennis, Inc., reports the vesting and disposal of restricted stock units and shares to cover taxes.
Summary
- On April 21, 2025, Keith S. Walters, Chairman, President, and CEO of Ennis, Inc., reported transactions involving Ennis, Inc. common stock.
- These transactions included the vesting of 23,176 Time-Based Restricted Stock Units (RSUs) granted on April 19, 2024.
- Walters also disposed of 9,816 shares to cover taxes incurred in connection with the settlement of performance share awards that vested on the same date at a price of $17.27.
- Following these transactions, Walters directly owns 583,111 shares of Ennis, Inc. common stock and indirectly owns 9,694 shares as community property with his spouse.
- He also directly owns 46,352 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This 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 shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of RSU grant |
| 04/21/2025 | Date of transaction (vesting of RSUs and disposal of shares for taxes) |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Keith S. Walters, Ennis Inc., EBF, RSU
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