Form 4: FOX Factory Holding Corp. Insider Transaction

Dennis C. Schemm, CFO of FOX Factory Holding Corp., reported a transaction involving the withholding of common stock to cover tax obligations.

Summary

• Dennis C. Schemm, Chief Financial Officer of FOX Factory Holding Corp., reported a transaction on May 2, 2026.
• The transaction involved the withholding of 524 shares of common stock.
• These shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
• The price per share for this transaction was $17.74.
• Following this transaction, Mr. Schemm beneficially owns 86,590 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine tax-related transaction for an executive rather than a strategic decision to buy or sell shares based on market outlook.

Positives

• The transaction indicates the vesting of restricted stock units, which can be a positive sign of employee compensation and retention.
• The CFO's continued direct ownership of a significant number of shares (86,590) suggests ongoing commitment to the company.

Negatives

• The withholding of shares for tax purposes represents a reduction in the number of shares the executive directly holds, although this is a standard practice for vested equity compensation.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and are crucial for understanding executive compensation and potential insider sentiment. The withholding of shares for tax purposes is a common and expected event upon the vesting of equity awards.

Stakeholder Impact

• Shareholders: The transaction itself does not directly impact the number of outstanding shares or the company's valuation, but it confirms the executive's compensation structure.
• Employees: The vesting of restricted stock units, which this transaction relates to, is a form of employee compensation and can impact morale and retention.
• Management: The CFO's direct beneficial ownership remains substantial, indicating continued alignment with shareholder interests.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, FOX Factory Holding Corp., FOXF, Stock Withholding, Restricted Stock Units, Tax Obligations, Beneficial Ownership, Chief Financial Officer