Form 4: JELD-WEN Holding Inc. Executive Kevin C Lilly Reports Stock Transactions

EVP Kevin C Lilly of JELD-WEN Holding, Inc. reports acquisition and disposal of common stock related to vesting of stock units and tax obligations.

Summary

• On February 23, 2024, Kevin C Lilly, EVP of Global Transformation at JELD-WEN Holding, Inc., reported transactions involving the company's common stock.
• Lilly acquired 1,567 shares of common stock upon the vesting of performance stock units granted on February 23, 2021.
• He also disposed of shares to cover tax obligations related to the vesting of performance stock units (454 shares), restricted stock units (1,870 shares), and approximately one-third of another grant of restricted stock units (497 shares), all originally granted on February 23, 2021.
• Following these transactions, Lilly beneficially owns 156,606 shares of JELD-WEN Holding, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of performance stock units indicates that performance targets were met, which is a positive signal.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates