Form 4: Pathward Financial Executive Ingram Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Charles C. Ingram, EVP and Chief Information Officer of Pathward Financial, sold shares of common stock to cover tax withholding obligations related to vesting restricted stock.
Summary
- On October 16, 2024, Charles C. Ingram, the EVP and Chief Information Officer of Pathward Financial, engaged in transactions involving the company's common stock.
- Ingram disposed of 659, 305, 308, and 295 shares of common stock at a price of $74.32 per share.
- These transactions were executed to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following these transactions, Ingram directly owns 21,231 shares of Pathward Financial common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment. The filing reflects a routine transaction to cover tax obligations, which is a normal part of executive compensation. It doesn't suggest any particular positive or negative outlook for the company.
Industry Context
This is a routine transaction; executives often sell shares to cover tax obligations when restricted stock vests. It doesn't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of the stock transactions (disposal of shares to cover tax obligations). |
| 10/18/2024 | Date of signature by attorney-in-fact. |
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