Form 4: Hanesbrands Executive Scott Pleiman Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Scott Pleiman, an executive at Hanesbrands Inc., reports the withholding of shares to cover taxes upon the vesting of restricted stock units.
Summary
- On March 27, 2025, Scott Pleiman, EVP, Chief Strategy, Transformation, Analytics & Technology Officer of Hanesbrands Inc., had shares of common stock withheld to cover taxes.
- This withholding occurred upon the vesting of restricted stock units originally granted on March 26, 2024.
- A total of 9,691 shares were withheld at a price of $5.9.
- Following the transaction, Pleiman directly owns 330,633 shares of Hanesbrands Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine tax-related stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock withholding, which is a common practice when restricted stock units vest.
Comparison to Industry Standards
- Tax-related stock withholding is a standard practice across publicly traded companies.
- Executive stock ownership is common and aligns management interests with shareholders.
- Form 4 filings are a regulatory requirement for insider transactions.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date restricted stock units were originally granted to the Reporting Person |
| 03/27/2025 | Date of the transaction (stock withholding for taxes) |
| 03/31/2025 | Date of signature on the Form 4 filing |
Keywords
Hanesbrands, Scott Pleiman, Form 4, Stock withholding, Restricted stock units, Tax withholding, Beneficial ownership, HBI
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