Form 4: Hanesbrands Executive Reports Future Tax Withholding on RSU Vesting

Hanesbrands Inc. EVP Michael E. Faircloth filed a Form 4 detailing a future disposition of 646 common shares for tax withholding related to restricted stock unit vesting scheduled for July 23, 2025.

Summary

• Michael E. Faircloth, EVP, President, Global Operations of Hanesbrands Inc. (HBI), reported a transaction on a Form 4.
• The transaction involves the disposition of 646 shares of Hanesbrands common stock.
• This disposition is for the purpose of withholding shares to cover taxes upon the vesting of restricted stock units.
• The restricted stock units were originally granted to Mr. Faircloth on July 22, 2024.
• The transaction date for the tax withholding is July 23, 2025.
• The shares were valued at $4.65 per share, based on the closing price of Hanesbrands Inc. common stock on July 22, 2025.
• Following this transaction, Mr. Faircloth will beneficially own 860,400 shares of Hanesbrands common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled transaction for tax withholding related to executive compensation. This is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The filing details a pre-scheduled future transaction related to executive compensation, specifically the vesting of restricted stock units and associated tax withholding. It does not provide broader forward-looking statements or guidance regarding the company's performance or strategic direction.

Management Comments

• Michael E. Faircloth holds the position of EVP, President, Global Operations.

Industry Context

This filing is a routine insider transaction report related to executive compensation. It does not reflect broader industry trends or competitive dynamics but rather a standard practice for managing equity-based compensation for executives within publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation, not a strategic sale or purchase.

Key Dates

Keywords

Hanesbrands, HBI, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Executive Compensation, Michael E. Faircloth, Corporate Governance