Form 4: Fox Factory Holding Corp. Director Mendenhall Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Dudley W. Mendenhall reports acquisition and disposal of Fox Factory Holding Corp. stock, including a grant of restricted stock units.
Summary
- On May 9, 2025, Dudley W. Mendenhall, a director of Fox Factory Holding Corp., reported changes in beneficial ownership of the company's stock.
- Mendenhall acquired 7,360 shares of common stock through a grant of restricted stock units.
- These restricted stock units were granted pursuant to the Issuer's Non-Employee Director Compensation Policy.
- The restricted stock units vest the day before the Issuer's 2026 annual meeting.
- Mendenhall also disposed of 21,882 shares.
- Following these transactions, Mendenhall beneficially owns 21,882 shares of Fox Factory Holding Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting transactions. The grant of restricted stock units could be seen as mildly positive, indicating confidence in the company's future.
Positives
- The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
Future Outlook
The vesting of the restricted stock units is tied to the 2026 annual meeting, suggesting a continued involvement and alignment of the director with the company's performance until at least that time.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the director's ongoing investment in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction (acquisition and disposal of shares). |
| 05/13/2025 | Date of signature on the Form 4 filing. |
| 2026 annual meeting | Restricted stock units vest the day before the Issuer's 2026 annual meeting. |
Keywords
beneficial ownership, Form 4, director, stock, FOXF, Fox Factory Holding Corp., restricted stock units, Mendenhall
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