Form 4: Fox Factory Holding Corp.: Officer Merchant Settles Tax Obligations with Stock
SEC Form 4 Filing
Toby D. Merchant, Chief Legal Officer of Fox Factory Holding Corp., disposed of 2,119 shares of common stock to cover tax obligations arising from vesting restricted stock units on February 27, 2025.
Summary
- On February 27, 2025, Toby D. Merchant, the Chief Legal Officer of Fox Factory Holding Corp., engaged in a transaction involving the company's common stock.
- Merchant disposed of 2,119 shares to satisfy tax obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $25.48 per share.
- Following the transaction, Merchant directly owns 12,161 shares of Fox Factory Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to tax obligations. It doesn't indicate any positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company officers.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being disposed of by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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