Form 4: Natural Grocers CFO Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Todd Dissinger, CFO of Natural Grocers, reports the vesting of restricted stock units and subsequent stock transactions to cover tax obligations.
Summary
- On August 15, 2024, Todd Dissinger, the Chief Financial Officer of Natural Grocers by Vitamin Cottage, Inc. (NGVC), had 11,407 restricted stock units (RSUs) vest.
- Upon vesting, he received 11,407 shares of NGVC common stock.
- Dissinger also disposed of 3,279 shares to cover federal and state tax withholding obligations resulting from the RSU vesting at a price of $23.43 per share.
- Following these transactions, Dissinger directly owns 45,197 shares of NGVC common stock.
- He also holds 85,129 RSUs that will vest on various dates in the future.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions following RSU vesting, and doesn't inherently indicate positive or negative sentiment.
Future Outlook
The reporting person holds a significant number of unvested RSUs, indicating continued alignment with the company's future performance.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of RSU vesting and stock transactions |
| 08/19/2024 | Date of Form 4 filing |
| 10/01/2024 | Vesting date for 1,600 RSUs |
| 09/30/2024 | Vesting date for 25,000 RSUs |
| 12/31/2024 | Vesting date for 31,876 RSUs |
| 08/15/2025 | Vesting date for 11,407 RSUs |
| 08/15/2026 | Vesting date for 11,406 RSUs |
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