Form 4: Hanesbrands Inc. CEO Stephen Bratspies Reports Stock Transaction
SEC Form 4 Filing
Hanesbrands Inc. CEO Stephen Bratspies reports the withholding of shares to cover taxes upon vesting of a performance share award.
Summary
- On March 3, 2025, Stephen B. Bratspies, CEO of Hanesbrands Inc., reported a transaction involving common stock.
- 69,302 shares were withheld to cover taxes related to the vesting of a performance share award granted on January 24, 2022.
- The price per share for the tax withholding was $6.03.
- Following the transaction, Bratspies directly owns 1,841,309 shares and indirectly owns 123,754 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2022-01-24 | Original grant date of the performance share award |
| 2025-02-28 | Date used to determine closing price of Hanesbrands Inc. common stock for tax withholding calculation. |
| 2025-03-03 | Date of the stock transaction (tax withholding) |
| 2025-03-05 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.