Form 4: REV Group CEO Skonieczny Jr. Disposes of Shares to Cover Tax Obligations

Mark A. Skonieczny Jr., President & CEO of REV Group, Inc., disposed of 52,039 shares of common stock on December 31, 2024, to satisfy withholding obligations related to the vesting of restricted stock.

Summary

• On December 31, 2024, Mark A. Skonieczny Jr., the President & CEO of REV Group, Inc., disposed of 52,039 shares of common stock.
• The transaction was executed to cover withholding obligations associated with the vesting of 119,352 shares of restricted REV Group, Inc. common stock.
• The shares were reacquired by REV Group, Inc. at a price of $31.87 per share.
• Following the transaction, Skonieczny Jr. directly owns 609,047 shares of REV Group, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a standard transaction related to tax obligations on vested stock.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests. This transaction is a routine occurrence related to executive compensation and tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.

Key Dates