Form 4: REV Group Executive Reports Stock Transaction to Cover Tax Obligations

Joseph LaDue, VP, Corp. Controller & CAO of REV Group, Inc., reports a transaction involving the reacquisition of shares by the company to cover withholding obligations related to the vesting of restricted stock.

Summary

• On December 31, 2024, Joseph LaDue, VP, Corp. Controller & CAO of REV Group, Inc., reported a transaction on Form 4.
• The transaction involved the company reacquiring 3,367 shares of common stock at a price of $31.87 per share.
• This reacquisition was to satisfy withholding obligations related to the vesting of 7,160 shares of restricted REV Group, Inc. common stock.
• Following the transaction, LaDue directly owns 24,975 shares of REV Group, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from stock vesting, a common practice.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the reacquisition of shares to cover tax obligations related to employee compensation.

Key Dates