Form 4: JELD-WEN Holding Director Bruce M. Taten Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Bruce M. Taten, a director at JELD-WEN Holding, Inc., reported the disposal of 5,948 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 3, 2024, Bruce M. Taten, a director of JELD-WEN Holding, Inc., disposed of 5,948 shares of common stock.
- The shares were withheld for payment of taxes associated with the vesting of restricted stock units originally granted on May 3, 2023.
- The transaction was executed at a price of $20.06 per share.
- Following the transaction, Taten beneficially owns 73,243 shares of JELD-WEN Holding, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for company directors to dispose of shares to cover taxes associated with vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Original grant date of restricted stock units. |
| 05/03/2024 | Date of stock disposal for tax withholding. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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