Form 4: ODP Corp Executive Zoe Maloney Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


EVP and Chief HR Officer of ODP Corp, Zoe Maloney, reports the disposal of 631 common stock shares to cover tax obligations.

Summary

  • On March 25, 2025, Zoe Maloney, EVP and Chief HR Officer of ODP Corp, disposed of 631 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted shares granted on March 25, 2024.
  • The price per share was $14.65.
  • Following the transaction, Maloney directly owns 70,178 shares of ODP Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any positive or negative sentiment towards the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell the company's securities. This filing provides transparency into the transactions of company executives.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.

Key Dates

DateDescription
03/25/2024Date of original grant of restricted shares.
03/25/2025Date of transaction (disposal of shares for tax withholding).
03/27/2025Date of signature on the Form 4 filing.

Keywords

ODP Corp, Zoe Maloney, stock transaction, Form 4, executive compensation, tax withholding, common stock, insider trading

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