Form 4: REV Group CEO Mark Skonieczny Jr. Reports Stock Vesting and Tax Withholding

Mark Skonieczny Jr., President & CEO of REV Group, Inc., reports the vesting of shares and subsequent reacquisition by the company to cover tax obligations.

Summary

• On September 4, 2024, Mark A. Skonieczny Jr., the President & CEO of REV Group, Inc., reported a transaction involving the company's common stock.
• 169,651 shares of REV Group, Inc. common stock vested following the achievement of specified performance goals.
• 73,968 shares were reacquired by REV Group, Inc. at a price of $26.86 to satisfy withholding obligations related to the vesting of the shares.
• Following these transactions, Skonieczny directly owns 615,306 shares of REV Group, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing related to stock transactions. The vesting suggests performance goals were met, which is mildly positive, but the tax withholding is a routine event.

Positives

• The vesting of shares indicates the achievement of certain performance goals, which could be viewed positively.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel.

Stakeholder Impact

• Shareholders may be interested in the vesting of shares as it relates to company performance.
• The transactions have a minor impact on the total outstanding shares due to the reacquisition for tax purposes.

Key Dates