Form 4: Fox Factory Holding Corp. Director Sidney Johnson Reports Changes in Beneficial Ownership
SEC Form 4
Director Sidney Johnson reports acquisition and disposal of common stock and receipt of restricted stock units in Fox Factory Holding Corp.
Summary
- On May 3, 2024, Director Sidney Johnson acquired 3,677 shares of common stock at $0 and disposed of 8,123 shares.
- Following these transactions, Johnson beneficially owns 8,123 shares of common stock.
- Johnson also received a grant of restricted stock units that will vest the day before the Issuer's 2025 annual meeting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment.
Positives
- The grant of restricted stock units to a director aligns their interests with the long-term performance of the company.
Future Outlook
The restricted stock units vest the day before the Issuer's 2025 annual meeting.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice among publicly traded companies.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction involving common stock. |
| 05/07/2024 | Date of signature on the report. |
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