Form 4: Fox Factory CEO Michael Dennison Reports Stock Transaction
SEC Form 4 Filing
Michael Dennison, CEO of Fox Factory Holding Corp, reports a transaction involving common stock to cover tax obligations.
Summary
- On February 27, 2025, Michael C. Dennison, CEO of Fox Factory Holding Corp, reported a transaction involving the company's common stock.
- The transaction involved the withholding of 13,570 shares to satisfy tax obligations arising from the vesting of restricted stock units at a price of $25.48.
- Following the transaction, Dennison directly owns 121,496 shares of Fox Factory Holding Corp.
- The report was filed on March 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's stock activity related to tax obligations from vested stock units.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock transaction |
| 03/03/2025 | Date of Form 4 filing |
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