Form 4: Johnson Outdoors CFO David W. Johnson Reports Stock Transactions
SEC Form 4 Filing
Johnson Outdoors' Vice President and CFO, David W. Johnson, reported the acquisition of 7,922 shares and the disposal of 780 shares of Class A Common Stock.
Summary
- David W. Johnson, the Vice President and CFO of Johnson Outdoors Inc., reported transactions involving the company's Class A Common Stock.
- On December 3, 2024, Mr. Johnson acquired 7,922 shares of Class A Common Stock at a price of $0, which represents a grant of shares that will vest on December 3, 2027.
- On December 4, 2024, Mr. Johnson disposed of 780 shares of Class A Common Stock at a price of $33.375 per share.
- Following these transactions, Mr. Johnson beneficially owns 42,703.25 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The document reflects routine insider trading activity. The grant is positive, but the disposal is neutral. Overall, the sentiment is neutral to slightly positive.
Positives
- The acquisition of 7,922 shares through a grant indicates a long-term incentive for the CFO.
- The grant of shares at $0 suggests a performance-based compensation structure.
Negatives
- The disposal of 780 shares could be interpreted as a slight reduction in the CFO's direct stake, although it is a small portion of his total holdings.
Risks
- There are no specific risks mentioned in this document, but insider transactions can sometimes be viewed with caution by investors.
Industry Context
This is a routine SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for all publicly traded companies in the US.
- The transactions reported are typical for executive compensation and stock ownership changes.
- The vesting period of three years for the granted shares is a common practice in executive compensation packages.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
- The share grant could be seen as a positive incentive for the CFO.
Key Dates
| Date | Description |
|---|---|
| 12/03/2024 | Date of the grant of 7,922 shares of Class A Common Stock to David W. Johnson. |
| 12/04/2024 | Date of the disposal of 780 shares of Class A Common Stock by David W. Johnson. |
| 12/03/2027 | Vesting date for the 7,922 shares of Class A Common Stock granted to David W. Johnson. |
| 12/05/2024 | Date the form was signed. |
Keywords
insider trading, stock transaction, Class A Common Stock, Johnson Outdoors, David W. Johnson, CFO, share grant, stock disposal
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