Form 4: S&W Seed Co CFO Vanessa Baughman Reports Tax Withholding Share Transaction

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 April 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 April 1, 2024, stemming from an RSU award granted on February 12, 2024.
• The withholding price was $0.47 per share.
• Following the transaction, Baughman directly owns 105,564 shares of S&W Seed Co stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations on vested stock, so it doesn't inherently indicate 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 filing indicates the CFO's shares were withheld to cover taxes, a common practice when RSUs vest.

Stakeholder Impact

• The transaction has a minor impact on the total number of outstanding shares due to the tax withholding.

Key Dates