Form 4: ODP Corp Co-CFO Adam Haggard Reports Stock Transaction
SEC Form 4 Filing
Adam Haggard, Co-CFO and SVP of ODP Corp, reports the withholding of 297 common stock shares to cover tax obligations on vested restricted shares.
Summary
- On March 25, 2025, Adam Haggard, the Co-CFO and SVP of ODP Corp, had 297 shares of common stock withheld by the issuer to satisfy tax withholding obligations.
- This action was related to the vesting of restricted shares from a grant issued on March 25, 2024.
- The price per share for the transaction was $14.65.
- Following the transaction, Haggard directly owns 27,341 shares of ODP Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax obligations on vested shares, indicating a neutral sentiment.
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 process of tax obligation fulfillment upon the vesting of restricted stock.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of original grant of restricted shares. |
| 03/25/2025 | Date of transaction where shares were withheld for tax obligations. |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
ODP Corp, Adam Haggard, Stock Transaction, Form 4, Tax Withholding, Restricted Shares, Beneficial Ownership
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