Form 4: Foot Locker EVP Michael Baughn Reports Stock Transaction
SEC Form 4 Filing
Michael Baughn, EVP & Chief Financial Officer of Foot Locker, reports a transaction involving common stock due to the vesting of restricted stock units.
Summary
- On June 12, 2024, Michael Baughn, the EVP & Chief Financial Officer of Foot Locker, engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 3,788 shares to cover tax liabilities related to the vesting of restricted stock units.
- Mr. Baughn also received 5,562 net shares upon the vesting of the award on the same date.
- Following the reported transaction, Mr. Baughn beneficially owns 58,591 shares of Foot Locker common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| May 21, 2024 | Effective date of the Power of Attorney. |
| June 12, 2024 | Date of stock transaction (vesting of restricted stock units). |
| June 14, 2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.