Form 4: Hanesbrands Inc. Executive Joseph W. Cavaliere Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joseph W. Cavaliere, President, Innerwear Global at Hanesbrands Inc., reports a transaction involving the withholding of common stock to cover taxes upon vesting of restricted stock units.
Summary
- On March 27, 2025, Joseph W. Cavaliere, President, Innerwear Global at Hanesbrands Inc., had 23,677 shares of common stock withheld to cover taxes.
- This was due to the vesting of restricted stock units originally granted on March 26, 2024.
- The shares were withheld at a price of $5.9.
- Following the transaction, Cavaliere beneficially owns 902,252 shares of Hanesbrands Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the executive's ownership stake in the company.
- The tax withholding has no direct impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Original grant date of restricted stock units. |
| 03/27/2025 | Date of transaction (stock withholding for taxes). |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Hanesbrands Inc., HBI, Joseph W. Cavaliere, Restricted Stock Units, Tax Withholding, Innerwear
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