Form 4: Foot Locker Executive Franklin Bracken Reports Stock Transaction
SEC Form 4 Filing
Franklin Bracken, President of Foot Locker, reports the withholding of shares to cover tax liabilities related to vested restricted stock units.
Summary
- On March 27, 2025, Franklin Bracken, President of Foot Locker, had shares withheld to cover tax liabilities.
- This transaction involved 4,213 shares of common stock at a price of $15.27.
- Following the transaction, Bracken directly owns 221,772 shares of Foot Locker stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's a standard practice for companies to withhold shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of stock transaction (shares withheld for tax liability). |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Foot Locker, Franklin Bracken, Stock Transaction, Beneficial Ownership, Insider Trading
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