Form 4: ODP Corp Executive John Gannfors Reports Stock Transactions
SEC Form 4 Filing
John Gannfors, EVP and President of Veyer at ODP Corp, reports the withholding of common stock to cover tax obligations related to vesting shares.
Summary
- On March 10, 2024, John Gannfors, EVP and President of Veyer at ODP Corp, had shares of common stock withheld by the issuer to cover tax obligations.
- A total of 1,369 shares were withheld at a price of $51.47 related to the vesting of shares from a grant issued on March 10, 2023.
- An additional 1,469 shares were withheld at the same price of $51.47 related to the vesting of shares from a grant issued on March 10, 2022.
- Following these transactions, Gannfors directly owns 68,501 shares of ODP Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, 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 standard tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/10/2022 | Date of original grant related to some of the shares withheld for tax obligations. |
| 03/10/2023 | Date of original grant related to some of the shares withheld for tax obligations. |
| 03/10/2024 | Date of the stock withholding transaction. |
| 03/12/2024 | Date of the Form 4 filing. |
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