Form 4: Hanesbrands Inc. Executive Vanessa LeFebvre Robinson Reports Stock Transactions
SEC Form 4 Filing
Vanessa LeFebvre Robinson, President Activewear Global at Hanesbrands Inc., reports the withholding of shares for tax obligations and an adjustment in phantom stock holdings.
Summary
- On August 9, 2024, Vanessa LeFebvre Robinson, President Activewear Global at Hanesbrands Inc., reported a transaction involving common stock.
- 2,169 shares were withheld to cover tax obligations related to the vesting of restricted stock units granted on August 8, 2022.
- The withholding price was $6.14 per share.
- Following the transaction, Robinson directly owns 198,149 shares of Hanesbrands Inc. common stock.
- Additionally, Robinson's holdings in phantom stock under the Hanesbrands Inc. Supplemental Employee Retirement Plan were adjusted.
- 5,770 phantom stock units are held indirectly, with the value tied to Hanesbrands Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It reflects standard practices for executive compensation and tax obligations.
Stakeholder Impact
- The stock transactions of company insiders are of interest to shareholders as they provide insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/08/2022 | Date of original grant of restricted stock units. |
| 08/08/2024 | Date used to determine the closing price of Hanesbrands Inc. common stock for tax withholding. |
| 08/08/2024 | Date of phantom stock transaction. |
| 08/09/2024 | Date shares were withheld for tax obligations. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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