Form 4: Pathward Financial SVP Jennifer W. Warren Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Jennifer W. Warren, SVP and Chief Accounting Officer of Pathward Financial, reported disposing of shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On October 16, 2024, Jennifer W. Warren, SVP and Chief Accounting Officer of Pathward Financial, disposed of 178 shares of common stock at $74.32 to cover tax obligations.
- An additional 154 shares were disposed of at the same price for the same reason.
- Following these transactions, Warren directly owns 6,564 shares of Pathward Financial common stock.
- Warren also indirectly owns 800 shares through her parents.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. These filings provide transparency into the transactions of company executives and directors.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the slight dilution of shares, but it is a common practice.
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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