Form 4: Lulu's Fashion Lounge CFO Tiffany Rose Smith Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Tiffany Rose Smith, CFO of Lulu's Fashion Lounge Holdings, Inc., reports the disposal of shares to cover tax withholding obligations upon the vesting of a restricted stock unit award.
Summary
- On March 31, 2024, Tiffany Rose Smith, the Chief Financial Officer of Lulu's Fashion Lounge Holdings, Inc. (LVLU), disposed of 2,974 shares of common stock.
- The disposal was conducted to cover tax withholding obligations related to the vesting of a restricted stock unit award.
- The price per share for the transaction was $1.4.
- Following the transaction, Smith directly owns 346,156 shares of Lulu's Fashion Lounge Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related disposal of shares.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Disposal of shares to cover tax withholding. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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