Form 4: JELD-WEN Holding CEO William Christensen Reports Stock Transaction
SEC Form 4 Filing
William Christensen, CEO of JELD-WEN Holding, Inc., reports the withholding of shares for tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2024, William Christensen, CEO of JELD-WEN Holding, Inc., had 14,752 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $21.18 per share.
- Following the transaction, Christensen beneficially owns 257,273 shares of JELD-WEN Holding, Inc.
- The original grant of restricted stock units was made on April 1, 2022.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction (tax withholding) related to executive compensation. It doesn't inherently indicate 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 a standard tax withholding procedure related to the vesting of restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Original grant date of restricted stock units |
| 04/01/2024 | Date of stock withholding for tax obligations |
| 04/03/2024 | Date of signature on the Form 4 filing |
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