Form 4: Fox Factory Holding Corp. CFO Dennis Schemm Reports Stock Transaction
SEC Form 4 Filing
Dennis Schemm, CFO & Treasurer of Fox Factory Holding Corp., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 2, 2024, Dennis Charles Schemm, CFO & Treasurer of Fox Factory Holding Corp., reported a transaction involving the disposition of 632 shares of common stock.
- The shares were disposed of at a price of $39.42 per share to satisfy tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Schemm directly owns 18,604 shares of Fox Factory Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction is a standard practice for covering tax obligations. Therefore, the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of stock transaction (disposition of shares). |
| 05/06/2024 | Date of signature on the report. |
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