Form 4: Hydrofarm Holdings Group CAO Erica Ackerman Reports Stock Transaction
SEC Form 4 Filing
Erica Ackerman, CAO and Corporate Controller of Hydrofarm Holdings Group, reports the disposal of 473 shares to cover tax obligations related to vesting stock-settled performance stock units.
Summary
- On April 8, 2025, Erica Ackerman, CAO and Corporate Controller of Hydrofarm Holdings Group, disposed of 473 shares of common stock.
- The shares were sold at a price of $1.78 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of 1,151 stock-settled performance stock units.
- Following the transaction, Ackerman directly owns 8,279 shares of Hydrofarm Holdings Group.
- The transaction was reported on April 10, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of an insider transaction related to tax obligations, common for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of stock disposal transaction. |
| 04/10/2025 | Date of Form 4 filing. |
Keywords
Form 4, insider trading, stock disposal, Hydrofarm Holdings Group, Erica Ackerman, HYFM, stock-settled performance stock units, tax withholding
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