Form 4: Pathward Financial CEO Brett L. Pharr Reports Stock Disposals to Cover Tax Obligations
SEC Filing
Brett L. Pharr, CEO of Pathward Financial, disposed of shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On October 16, 2024, Brett L. Pharr, the CEO of Pathward Financial, disposed of 2,990 shares of common stock at a price of $74.32 to cover tax obligations.
- An additional 2,855 shares were disposed of on the same day for the same reason, also at $74.32 per share.
- Following these transactions, Pharr directly owns 53,048 shares of Pathward Financial common stock.
- Pharr also indirectly owns 614 shares through an IRA.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions to cover tax obligations, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings provide transparency into insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock disposal transactions. |
| 10/18/2024 | Date of signature on the Form 4 filing. |
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