Form 4: KinderCare Director John T. Wyatt Reports Tax Withholding and Trust Transactions
SEC Form 4 Filing
Director John T. Wyatt reports tax withholding to cover vesting of restricted stock units and transactions related to various family trusts.
Summary
- John T. Wyatt, a director at KinderCare Learning Companies, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On December 3, 2024, 2,479 shares were withheld by KinderCare at a price of $22.46 to cover tax obligations related to vested restricted stock units.
- On February 23, 2025, 1,992 shares were withheld at $19.70 to cover tax obligations related to vested restricted stock units.
- On March 14, 2025, 2,246 shares were acquired at $0.
- Wyatt also reported indirect ownership through several family trusts, including trusts for grandchildren and living trusts.
- He disclaims beneficial ownership of the shares held by these trusts.
- Following these transactions, Wyatt directly owns 3,522,003 shares and indirectly owns 57,999 shares through each of four grandchild's trusts, 116,989 shares through the Sinha Family Trust, and 116,721 shares through the Vaughan Living Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 12/03/2024 | 2,479 shares withheld for tax obligations at $22.46 per share. |
| 02/23/2025 | 1,992 shares withheld for tax obligations at $19.70 per share. |
| 03/14/2025 | 2,246 shares acquired at $0. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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