Form 4: Hackett Group Vice Chairman David N. Dungan Reports Share Disposal for Tax Obligations

Sentiment:

SEC Filing


David N. Dungan, Vice Chairman and COO of Hackett Group, disposed of shares to cover tax withholding obligations, according to a recent SEC filing.

Summary

  • On February 14, 2025, David N. Dungan, Vice Chairman and COO of Hackett Group, disposed of 23,453 shares of common stock to satisfy tax withholding obligations.
  • The transaction was executed at a price of $31.94 per share.
  • Following the transaction, Dungan directly owns 731,562 shares and indirectly owns 92,652 shares through the DND Family Trust.
  • The directly owned shares include 69,255 unvested Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the company's outlook or strategy.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/14/2025Date of share disposal transaction
02/24/2025Date of signature on the SEC filing

Keywords

Hackett Group, David N. Dungan, SEC Form 4, Share Disposal, Tax Withholding, Beneficial Ownership, HCKT, RSUs

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