Form 4: Foot Locker Executive Franklin Bracken Reports Stock Transactions

EVP & Chief Commercial Officer of Foot Locker, Franklin Bracken, reports the withholding of shares for tax liability and vesting of restricted stock units.

Summary

• Franklin Bracken, EVP & Chief Commercial Officer of Foot Locker, reported transactions involving Foot Locker common stock on March 24, 2024.
• Shares were withheld to cover tax liabilities related to the vesting of restricted stock units.
• Specifically, 5,877 shares were withheld at a price of $24.39, and 992 shares were also withheld at the same price.
• Following these transactions, Bracken directly owns 38,870 shares of Foot Locker common stock.
• This includes 15,973 net shares received on vesting of an award on March 24, 2024 and 2,724 net shares received on vesting of an award on March 24, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related stock movements.

Key Dates