Form 4: GameStop Corp. General Counsel Sells Shares to Cover Taxes
SEC Form 4 Filing
Mark Haymond Robinson, General Counsel and Secretary of GameStop Corp., sold 214 shares of Class A Common Stock on May 6, 2024, to cover withholding taxes related to the vesting of restricted stock.
Summary
- On May 6, 2024, Mark Haymond Robinson, the General Counsel and Secretary of GameStop Corp., sold 214 shares of Class A Common Stock.
- The sale was executed at a price of $14.5108 per share.
- The transaction was to cover applicable withholding taxes associated with the vesting of restricted stock.
- Following the transaction, Robinson directly owns 50,623 shares of GameStop Corp.
- The reporting person's attorney-in-fact, Daniel Moore, signed the report on May 7, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock sale to cover taxes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock sale transaction. |
| 05/07/2024 | Date of signature by Attorney-in-Fact. |
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