Form 4: Regis Corp Executive James Raymon Suarez Reports Stock Disposal

EVP James Raymon Suarez of Regis Corp reports disposing of 176 shares to cover tax obligations following a reverse stock split and PSU cancellation.

Summary

• On November 5, 2024, James Raymon Suarez, EVP of Merchandising & Education at Regis Corp, disposed of 176 shares of common stock.
• The transaction was executed at a price of $23.37 per share.
• This disposal was to cover tax obligations.
• Following the transaction, Suarez directly owns 3,187 shares of Regis Corp.
• The initial number of shares beneficially owned was adjusted from 84,382 to 3,363 due to a 1-for-20 reverse stock split.
• Additionally, 17,096 Performance Share Units (PSUs) were cancelled.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which has a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and major shareholders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a small disposal of shares by an executive for tax purposes.

Key Dates