4/A: Franklin Covey CFO Stephen Young Amends SEC Filing After Stock Transaction

Franklin Covey's CFO, Stephen Young, amended a previous SEC filing to correct the reported amount of securities beneficially owned after a stock transaction.

Summary

• Stephen Young, the CFO of Franklin Covey Co, filed an amended Form 4 with the SEC.
• The amendment corrects the number of securities beneficially owned following a transaction on October 11, 2024.
• The original filing was made on October 15, 2024.
• The transaction involved the disposal of 13,043 common shares at a price of $40.85 per share.
• The corrected filing shows that Mr. Young now beneficially owns 240,206 common shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing with no significant positive or negative implications.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
• The transaction and subsequent amendment are typical for executives who receive stock-based compensation or engage in personal trading.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Stock Transaction, Franklin Covey, CFO, Stephen Young