Form 4: ODP Corp Executive Sarah E. Hlavinka Reports Stock Transactions

EVP-Chief Legal Officer & Secretary of ODP Corp, Sarah E. Hlavinka, reports acquisition and disposal of common stock due to vesting of restricted stock units and tax withholding.

Summary

• On April 4, 2025, Sarah E. Hlavinka, EVP-Chief Legal Officer & Secretary of ODP Corp, reported transactions involving ODP Corp common stock.
• Hlavinka acquired 3,319 shares of common stock through the vesting of performance-based restricted stock units at a price of $0.00.
• 719 shares were withheld by the issuer to satisfy tax obligations related to the vesting of shares from a grant issued on April 4, 2022, at a price of $13.87.
• An additional 809 shares were withheld to cover tax obligations on the payout of performance-based stock units, also at $13.87.
• Following these transactions, Hlavinka beneficially owns 45,515 shares of ODP Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation activities.

Positives

• The vesting of performance-based restricted stock units indicates that performance targets were met, which could be seen as a positive sign for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not significantly alter the company's financial position.

Key Dates

Keywords

ODP Corp, Sarah E. Hlavinka, Stock Transactions, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Vesting