Form 4: Gannett Co. CAO Cindy Gallagher Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Cindy Gallagher, CAO of Gannett Co., disposed of 11,531 shares of common stock on March 24, 2025, to cover tax withholding obligations related to vesting restricted stock.
Summary
- On March 24, 2025, Cindy Gallagher, the CAO of Gannett Co., disposed of 11,531 shares of Gannett Co. common stock.
- The transaction was executed to cover tax withholding obligations on the vesting of restricted stock.
- The price per share for the transaction was $3.15.
- Following the transaction, Gallagher directly owns 113,827 shares of Gannett Co. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of stock disposal transaction. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Gannett Co., Cindy Gallagher, Form 4, Stock Disposal, Tax Withholding, Restricted Stock, Beneficial Ownership, CAO
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