Form 4: S&W Seed Co CFO Vanessa Baughman Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Vanessa Baughman, CFO of S&W Seed Co, reports the withholding of 3,060 shares to cover tax obligations related to vested Restricted Stock Units (RSUs).
Summary
- On July 1, 2024, S&W Seed Co withheld 3,060 shares of common stock from CFO Vanessa Baughman to satisfy tax obligations.
- These shares were related to RSUs that vested on the same date, stemming from an award granted on February 12, 2024.
- Following the transaction, Baughman directly owns 102,504 shares of S&W Seed Co stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on vested RSUs.
Key Dates
| Date | Description |
|---|---|
| February 12, 2024 | Date of RSU award grant |
| July 01, 2024 | Date of RSU vesting and share withholding for tax obligations |
| July 02, 2024 | Date of Form 4 filing |
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