Form 4: EVI Industries EVP Reports Routine Stock Vesting Tax

EVI Industries' EVP of Business Development, Thomas Marks, reported a non-discretionary disposition of 1,342 common shares for tax withholding related to restricted stock unit vesting.

Summary

• Thomas Marks, EVP of Business Development at EVI Industries, Inc., reported a transaction involving the company's common stock.
• On October 5, 2025, 1,342 shares of EVI Industries common stock were withheld by the issuer.
• This withholding was to satisfy tax obligations related to the vesting of restricted stock units previously granted to Mr. Marks.
• The shares were valued at $29.54 per share, which was the closing price on October 3, 2025, the last trading day before the vesting date.
• Following this transaction, Thomas Marks directly beneficially owns 129,477 shares of common stock.
• Additionally, Mr. Marks indirectly beneficially owns 1,022,495 shares through family and children's trusts.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which typically has a neutral impact on company sentiment.

Future Outlook

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

Industry Context

This type of transaction, involving the withholding of shares for tax purposes upon the vesting of restricted stock units, is a common and routine event in executive compensation across various industries. It reflects the standard practice for managing equity-based awards.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction and does not reflect a change in management's discretionary view of the company's stock.
• Employees: No direct impact mentioned.

Key Dates

Keywords

EVI Industries, Thomas Marks, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Executive Compensation, Beneficial Ownership