Form 4: Franklin Covey CFO Stephen Young Reports Stock Transactions

Stephen Young, CFO of Franklin Covey, reports acquisition and disposal of common shares related to LTIP stock awards vesting in Q4FY24.

Summary

• On October 11, 2024, Stephen Young, CFO of Franklin Covey, reported transactions involving the company's common shares.
• Young acquired 4,410 shares related to the FY20 Sales Vesting Q4FY24 LTIP Stock Award at $0.
• He also acquired 10,289 shares related to the FY20 EBITDA Vesting Q4FY24 LTIP Stock Award at $0.
• Additionally, 12,809 shares were acquired related to the FY22 EBITDA Vesting Q4FY24 LTIP Stock Award at $0.
• Young disposed of 13,043 shares at a price of $40.85 per share related to LTIP Stock Award Vesting Q4FY24.
• Following these transactions, Young beneficially owns 204,206 common shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the executive's holdings and trading activity.

Key Dates