Form 4: Lulu's Fashion Lounge CFO Tiffany Rose Smith Reports Tax Withholding Transaction
SEC Form 4 Filing
Tiffany Rose Smith, CFO of Lulu's Fashion Lounge Holdings, Inc., reports the withholding of shares to cover tax obligations upon vesting of a restricted stock unit award.
Summary
- On March 8, 2024, Tiffany Rose Smith, the Chief Financial Officer of Lulu's Fashion Lounge Holdings, Inc., had 21,414 shares of common stock withheld to cover tax obligations.
- This was due to the vesting of a restricted stock unit award.
- The price per share for the transaction was $1.715.
- Following the transaction, Smith beneficially owns 348,138 shares of Lulu's Fashion Lounge Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the stock's price and investor confidence.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: shares withheld for tax obligations. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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