Form 4: Hanesbrands CEO Stephen Bratspies Reports Stock Transaction
SEC Form 4 Filing
Hanesbrands CEO Stephen Bratspies reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On March 27, 2025, Hanesbrands Inc. CEO Stephen Bratspies reported a transaction involving common stock.
- 83,405 shares were disposed of to cover taxes related to the vesting of restricted stock units granted on March 26, 2024.
- The shares were withheld at a price of $5.9.
- Following the transaction, Bratspies directly owns 1,757,904 shares of common stock and indirectly owns 123,754 shares via a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Original grant date of restricted stock units |
| 03/27/2025 | Date of stock transaction (tax withholding) |
| 03/31/2025 | Date of signature on the Form 4 filing |
Keywords
Hanesbrands, Stephen Bratspies, CEO, stock transaction, Form 4, restricted stock units, tax withholding, beneficial ownership
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