Form 4: FB Financial Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Wade Peery, Chief Innovations Officer of FB Financial Corp, sold 890 shares of common stock on January 3, 2025, to cover tax obligations related to vested restricted stock units.
Summary
- On January 3, 2025, Robert Wade Peery, the Chief Innovations Officer of FB Financial Corp, engaged in a transaction involving the company's common stock.
- The transaction involved the disposal of 890 shares at a price of $51.44 per share.
- This disposal was executed to cover tax obligations arising from the vesting of restricted stock units previously granted to Mr. Peery.
- Following the transaction, Mr. Peery beneficially owns 52,759 shares of FB Financial Corp.
- The transaction was reported on Form 4, filed with the Securities and Exchange Commission on January 7, 2025.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. The sale of shares to cover tax obligations upon vesting of restricted stock units is a typical practice.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of the stock transaction (sale of shares). |
| 01/07/2025 | Date the Form 4 was signed. |
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