Form 4: Hydrofarm Holdings Group Executive Reports Stock Transaction
SEC Form 4 Filing
Kevin Patrick O'Brien, Chief Accounting Officer of Hydrofarm Holdings Group, reports the disposal of shares to cover tax obligations related to vesting stock units.
Summary
- On March 22, 2024, Kevin Patrick O'Brien, the Chief Accounting Officer of Hydrofarm Holdings Group, reported a transaction involving the company's common stock.
- O'Brien disposed of 2,918 shares of common stock at a price of $0.83 per share to satisfy tax withholding obligations.
- This transaction was related to the vesting of 8,455 stock-settled restricted stock units.
- Following the transaction, O'Brien beneficially owns 35,016 shares of Hydrofarm Holdings Group, Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to compensation and tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction |
| 03/25/2024 | Date of signature on the report |
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