Form 4: EVI Industries Executive Thomas Marks Reports Stock Transaction
SEC Form 4 Filing
Thomas Marks, EVP of Business Development at EVI Industries, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 5, 2024, Thomas Marks, EVP of Business Development at EVI Industries, had 1,339 shares of common stock withheld by the issuer to satisfy tax obligations related to vesting restricted stock units.
- The price per share for the transaction was $19.55, which was the closing price on October 4, 2024.
- Following the transaction, Marks directly owns 120,506 shares and indirectly owns 1,022,495 shares through family and children's trusts.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and doesn't indicate any positive or negative sentiment towards the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Closing price of EVI Industries common stock was $19.55. |
| 10/05/2024 | Transaction date: 1,339 shares withheld for tax obligations. |
| 10/09/2024 | Date of signature for the Form 4 filing. |
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