Form 4: EVI Industries CEO Henry Nahmad Reports Stock Transaction
SEC Form 4 Filing
Henry Nahmad, Chairman, CEO, and President of EVI Industries, reports a transaction involving the surrender of shares to cover tax obligations.
Summary
- On September 27, 2024, Henry M. Nahmad surrendered 9,958 shares of EVI Industries common stock to satisfy tax withholding obligations related to the vesting of restricted stock awards.
- The price per share for this transaction was $19.61.
- Following the transaction, Nahmad directly owns 1,482,428 shares of EVI Industries.
- Nahmad also indirectly owns 2,838,194 shares through Symmetric Capital LLC, where he is the sole manager, but disclaims beneficial ownership except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard stock transaction related to tax obligations.
Management Comments
- Mr. Nahmad disclaims beneficial ownership of the shares of the issuer's common stock held by Symmetric Capital LLC except to the extent of his pecuniary interest therein.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/27/2024 | Date of stock transaction where shares were surrendered for tax obligations. |
| 09/30/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.