Form 4: Foot Locker CEO Mary Dillon Reports Stock Transaction
SEC Form 4 Filing
Mary Dillon, CEO of Foot Locker, reports a transaction involving common stock related to tax liability from vesting restricted stock units.
Summary
- On March 27, 2025, Mary N. Dillon, CEO of Foot Locker, reported a transaction involving the company's common stock.
- 16,115 shares were disposed of to cover tax liabilities related to the vesting of restricted stock units at a price of $15.27 per share.
- Following the transaction, Dillon directly owns 528,091 shares of Foot Locker common stock and indirectly owns 27,649 shares through a trust.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of a stock transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of stock transaction and vesting of restricted stock units. |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Foot Locker, Mary Dillon, Stock Transaction, Beneficial Ownership, CEO, Restricted Stock Units, Tax Liability
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