Form 4: Prestige Consumer Healthcare Executive Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey Zerillo, Senior VP Operations at Prestige Consumer Healthcare, disposed of shares to cover tax obligations arising from stock awards.
Summary
- Jeffrey Zerillo, a Senior VP Operations at Prestige Consumer Healthcare Inc., reported the disposal of common stock on May 2nd and 3rd, 2024.
- The transactions were executed to cover tax obligations.
- On May 2nd, 396 shares were disposed of at $71.26 per share, followed by 388 shares at the same price.
- On May 3rd, 425 shares were disposed of at $70 per share.
- Following these transactions, Zerillo directly owns 37,465 shares of Prestige Consumer Healthcare Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't contain information that would significantly impact sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to sell shares to cover tax obligations related to stock awards.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Disposal of 396 shares of common stock at $71.26 per share to cover tax obligations. |
| 05/02/2024 | Disposal of 388 shares of common stock at $71.26 per share to cover tax obligations. |
| 05/03/2024 | Disposal of 425 shares of common stock at $70 per share to cover tax obligations. |
| 05/06/2024 | Date of signature for the Form 4 filing. |
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