Form 4: EVI Industries EVP Marks Reports Stock Withholding

EVI Industries EVP Thomas Marks reported the disposition of 829 shares of common stock for tax withholding purposes related to restricted stock unit vesting.

Summary

• Thomas Marks, EVP of Business Development at EVI Industries, Inc. (EVI), filed a Form 4 statement.
• The filing reports a transaction on October 9, 2025, involving the disposition of 829 shares of EVI common stock.
• These shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units.
• The transaction price for the disposed shares was $29.83 per share, representing the closing price on the transaction date.
• Following this transaction, Thomas Marks directly beneficially owns 128,648 shares of common stock.
• Additionally, 1,022,495 shares are indirectly beneficially owned by family and children's trusts.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in terms of market sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This is a routine insider transaction related to compensation and tax obligations, and it does not provide broader insights into industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's investment conviction or company fundamentals.

Key Dates

Keywords

EVI Industries, EVI, Thomas Marks, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, RSU