4/A: Fossil Group Chief Brand Officer Corrects Stock Price in Amended SEC Filing
SEC Filing
Melissa B. Lowenkron, Chief Brand Officer of Fossil Group, files an amendment to a previous SEC Form 4 to correct the stock price of shares withheld for tax purposes.
Summary
- Melissa B. Lowenkron, Chief Brand Officer of Fossil Group, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the stock price of shares withheld for tax purposes, initially reported incorrectly as $88.
- The corrected stock price is $0.88.
- The transaction date was April 15, 2024.
- Lowenkron disposed of 4,647 shares of common stock to cover taxes.
- Following the transaction, Lowenkron beneficially owns 85,289 shares of Fossil Group, Inc.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. While it highlights a past error, it doesn't indicate any fundamental issues with the company. The sentiment is neutral to slightly positive as it shows transparency in correcting errors.
Industry Context
This is a routine SEC filing related to changes in beneficial ownership by a company insider. It is standard practice for officers to file these forms when they dispose of shares, even if it's for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of the transaction (disposal of shares). |
| 04/17/2024 | Date of original Form 4 filing with incorrect stock price. |
| 04/04/2025 | Date of signature on the amended form. |
Keywords
SEC Form 4, Fossil Group, Lowenkron, Beneficial Ownership, Amendment, Stock Price, FOSL
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