Form 4: Thomas Barrack Jr. Reports Changes in Beneficial Ownership of Guess Inc. Shares

Director Thomas Barrack Jr. reports acquiring and disposing of Guess Inc. shares on May 31, 2024, according to a Form 4 filing.

Summary

• Thomas Barrack Jr., a director of Guess Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on May 31, 2024, involving Guess Inc. common stock.
• Barrack acquired 7,735 shares of common stock pursuant to the issuer's equity plan.
• The acquisition price was $0.
• Following the transaction, Barrack directly owns 17,560 shares of Guess Inc. common stock.
• The filing was signed by Jason T. Miller, attorney-in-fact, on June 4, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The acquisition of shares could be seen as slightly positive, but it's a routine disclosure.

Positives

• The acquisition of shares through the equity plan could be seen as a positive sign of Barrack's confidence in the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders.

Key Dates