Form 4: ODP Corp Executive Sarah E. Hlavinka Reports Stock Transaction
SEC Form 4 Filing
Sarah E. Hlavinka, EVP-Chief Legal Officer & Secretary of ODP Corp, reports the disposition of 631 shares of common stock to cover tax obligations.
Summary
- On March 25, 2025, Sarah E. Hlavinka, EVP-Chief Legal Officer & Secretary of ODP Corp, disposed of 631 shares of common stock.
- The transaction was to cover tax withholding obligations related to the vesting of restricted shares granted on March 25, 2024.
- The shares were disposed of at a price of $14.65 per share.
- Following the transaction, Hlavinka directly owns 43,724 shares of ODP Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, 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 transaction is related to tax obligations on vested shares, a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of original grant of restricted shares. |
| 03/25/2025 | Date of transaction (disposal of shares for tax withholding). |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
ODP Corp, Sarah E. Hlavinka, Form 4, Stock Transaction, Beneficial Ownership, Executive Compensation, Tax Withholding
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