HBI.Hanesbrands INC
Form 4: Hanesbrands CFO Lewis Markland Scott Reports Changes in Beneficial Ownership
Sentiment:
SEC Form 4
Lewis Markland Scott, CFO of Hanesbrands Inc., reports acquisition and disposal of common stock and restricted stock units.
Summary
- On January 28, 2025, Lewis Markland Scott acquired 72,115 shares of common stock and 6,650 shares related to a performance share award.
- Also on January 28, 2025, Mr. Scott disposed of 341,962 shares of common stock.
- On February 3, 2025, Mr. Scott disposed of 3,707 shares at $8.12 to cover taxes related to vesting restricted stock units.
- Following these transactions, Mr. Scott directly owns 344,905 shares and indirectly owns 2,087 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an officer, with no inherently positive or negative implications.
Key Dates
| Date | Description |
|---|---|
| January 24, 2022 | Date of performance share award ('PSA') granted to the Reporting Person |
| February 1, 2023 | Date of restricted stock units originally granted to the Reporting Person |
| December 28, 2024 | End date for performance metrics used to determine the number of shares of common stock that will be received upon vesting of the PSA |
| January 28, 2025 | Date of common stock and performance share award acquisition and common stock disposal. |
| January 31, 2025 | Date used to determine the number of shares withheld to pay taxes upon vesting of restricted stock units |
| February 3, 2025 | Date of common stock disposal to pay taxes. |
| February 4, 2025 | Date of filing. |
| February 28, 2025 | Date the PSA will be settled on a one-for-one basis in shares of common stock |
| January 28, 2026 | First vesting date (33%) of restricted stock units. |
| January 28, 2027 | Second vesting date (33%) of restricted stock units. |
| January 28, 2028 | Final vesting date (34%) of restricted stock units. |
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