Form 4: Fox Factory Holding Corp. CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Dennis Charles Schemm, CFO & Treasurer of Fox Factory Holding Corp., disposed of 766 shares of common stock on June 12, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 12, 2024, Dennis Charles Schemm, the CFO & Treasurer of Fox Factory Holding Corp., disposed of 766 shares of common stock.
- The transaction was executed at a price of $46.79 per share.
- The shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Schemm directly owns 17,838 shares of Fox Factory Holding Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: Dennis Charles Schemm disposed of 766 shares of FOXF common stock. |
| 06/13/2024 | Date of signature on the Form 4 filing. |
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