Form 4: EVI CFO Robert Lazar Reports Tax-Related Stock Sale

EVI Industries' Chief Financial Officer, Robert Lazar, disposed of 198 common shares to cover tax withholding obligations related to restricted stock awards.

Summary

• Robert Lazar, Chief Financial Officer of EVI Industries, Inc. (EVI), reported a transaction on October 5, 2025.
• The transaction involved the disposition of 198 shares of EVI common stock, with a par value of $0.025 per share.
• These shares were surrendered to the issuer to satisfy tax withholding obligations associated with the vesting of previously granted restricted stock awards.
• The shares were valued at $29.54 per share, which was the closing price of EVI's common stock on October 3, 2025.
• Following this transaction, Robert Lazar beneficially owns 92,339 shares of EVI common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares and does not indicate a change in management's outlook or company performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and represents a small fraction of the reporting person's holdings and the company's outstanding shares.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of a small number of shares by the Chief Financial Officer to cover tax obligations related to restricted stock vesting. Such transactions are common and do not typically reflect a change in the company's fundamentals or management's confidence. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

EVI Industries, Robert Lazar, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock