Form 4: Lithia Motors Executive Vice President Chris Holzshu Reports Stock Disposal for Tax Obligations
SEC Filing
Executive Vice President Chris Holzshu of Lithia Motors Inc. reports disposing of 3,758 shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Chris Holzshu, an Executive Vice President at Lithia Motors Inc., filed a Form 4 with the SEC.
- The filing reports a transaction on January 3, 2025, where 3,758 shares of Lithia Motors Inc. Common Stock were disposed of.
- The shares were withheld for payment of taxes on the vesting of restricted stock units.
- The price per share was $357.43.
- Following the transaction, Holzshu directly owns 28,296 shares of Lithia Motors Inc. Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of stock disposal transaction and filing date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.