Form 4: JELD-WEN Holding CEO William Christensen Reports Stock Transaction
SEC Form 4 Filing
JELD-WEN Holding CEO William Christensen sold 18,698 shares of common stock to cover taxes related to vesting restricted stock units.
Summary
- William Christensen, CEO of JELD-WEN Holding, Inc., reported a transaction involving the company's common stock.
- On December 15, 2024, Mr. Christensen disposed of 18,698 shares of common stock at a price of $10.3 per share.
- This transaction was a result of shares being withheld to cover taxes associated with the vesting of restricted stock units granted on December 15, 2022.
- Following the transaction, Mr. Christensen directly owns 238,575 shares of JELD-WEN Holding, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine filing of a stock transaction related to tax obligations, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies.
- The sale of shares to cover tax obligations related to vesting stock options or restricted stock units is a standard practice.
- Similar transactions are regularly reported by executives at comparable companies in the building materials and manufacturing sectors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 12/15/2022 | Date of original grant of restricted stock units. |
| 12/15/2024 | Date of stock transaction (disposal of shares). |
| 12/17/2024 | Date of filing of the Form 4. |
Keywords
JELD-WEN Holding, William Christensen, stock transaction, Form 4, CEO, restricted stock units, tax withholding
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