Form 4: Foot Locker EVP Michael Baughn Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Michael Baughn, EVP & Chief Financial Officer of Foot Locker, reports acquiring and disposing of common stock on March 27, 2024.
Summary
- On March 27, 2024, Michael Baughn, the EVP & Chief Financial Officer of Foot Locker, acquired 35,777 shares of common stock.
- The acquisition was related to a restricted stock unit award under the Foot Locker 2007 Stock Incentive Plan.
- Mr. Baughn also disposed of 67,941 shares of common stock on the same day.
- Following these transactions, Mr. Baughn beneficially owns 67,941 shares of Foot Locker common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock acquisition and disposal. |
| 03/29/2024 | Date of signature by Attorney-in-Fact. |
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