Form 4: Hanesbrands Director Natasha Chand Reports Stock Transactions
SEC Form 4 Filing
Director Natasha Chand reports acquisition and disposal of Hanesbrands Inc. stock, including restricted stock units and shares withheld for tax obligations.
Summary
- Natasha Chand, a director of Hanesbrands Inc., filed a Form 4 detailing changes in beneficial ownership.
- On January 28, 2025, Chand acquired 18,630 shares of common stock through restricted stock units vesting at a price of $0.
- Following this transaction, Chand directly owns 52,107 shares of Hanesbrands Inc.
- On January 31, 2025, 11,717 shares were disposed of at $8.07 per share to cover tax obligations related to vesting restricted stock units.
- After this disposal, Chand directly owns 40,390 shares of Hanesbrands Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating neutral sentiment. It simply reports stock transactions by a company director.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transactions reported may provide shareholders with insights into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 01/29/2024 | Original grant date of restricted stock units |
| 01/28/2025 | Acquisition of 18,630 shares of common stock through restricted stock units. |
| 01/29/2025 | Date used to determine closing price of Hanesbrands Inc. common stock for tax withholding. |
| 01/31/2025 | Disposal of 11,717 shares to cover tax obligations. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Hanesbrands Inc., Director, Stock Transaction, Restricted Stock Units, Chand, HBI
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