Form 4: Guess? Inc. Executive Reports Stock Option Expiration and Ownership Changes
SEC Filing
Fabrice Benarouche, SVP Finance and IR, CAO of Guess? Inc., reports the expiration of stock options and changes in beneficial ownership.
Summary
- On November 7, 2024, Fabrice Benarouche, SVP Finance and IR, CAO of Guess? Inc., filed a Form 4 with the SEC.
- The filing reports the expiration of stock options and changes in beneficial ownership of common stock.
- Benarouche directly owns 105,395 shares of Guess? Inc. common stock.
- Benarouche's spouse indirectly owns 458 shares of Guess? Inc. common stock.
- Stock options for 25,000 shares, initially granted on November 5, 2014, with an original exercise price of $21.83 per share, were repriced on May 3, 2024, to $19.58 per share and expired unexercised on November 5, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 11/05/2014 | Original grant date of stock options |
| 05/03/2024 | Repricing date of stock options to $19.58 per share |
| 11/05/2024 | Date of earliest transaction and expiration date of stock options |
| 11/07/2024 | Date of Form 4 filing |
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