Form 4: Fox Factory Holding Corp: Officer Paul Stecher Reports Stock Transaction
SEC Form 4 Filing
Paul Stecher, President of Powered Vehicles Group at Fox Factory Holding Corp, reports disposition of shares to cover tax obligations from vesting restricted stock units.
Summary
- On May 2, 2024, Paul Stecher, President of Powered Vehicles Group at Fox Factory Holding Corp, reported a transaction involving common stock.
- 405 shares were disposed of at a price of $39.42 to cover tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Mr. Stecher beneficially owns 23,656 shares of common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of stock transaction |
| 05/06/2024 | Date of signature |
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