Form 4: Helen of Troy CFO Brian Grass Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Brian Grass, CFO of Helen of Troy, reports changes in beneficial ownership of company stock due to tax withholding and vesting of restricted stock awards.
Summary
- On March 1, 2024, Brian Grass, the Chief Financial Officer of Helen of Troy Ltd, reported changes in his beneficial ownership of the company's stock.
- These changes are due to the withholding of 100 common shares to cover estimated tax liabilities on the vesting of restricted stock awards.
- Additionally, 7,638 restricted stock awards vested on the same date.
- Following these transactions, Mr. Grass directly owns 41,337 common shares.
- The restricted stock awards were previously reported on Mr. Grass's May 5, 2023 Form 3.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of key company personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/05/2023 | Date of Mr. Grass's Form 3 filing, previously reporting the grant of restricted stock awards. |
| 03/01/2024 | Date of transaction: withholding of shares for tax liability and vesting of restricted stock awards. |
| 03/05/2024 | Date of signature of the report. |
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