Form 4: Savers Value Village COO Jubran N. Tanious Reports Stock Purchase and Disgorges Short-Swing Profit
SEC Form 4 Filing
Jubran N. Tanious, COO of Savers Value Village, reported a purchase of common stock and voluntarily disgorged a short-swing profit to the issuer.
Summary
- On February 21, 2025, Jubran N. Tanious, the President & COO of Savers Value Village, Inc. [SVV], purchased 42.328 shares of common stock at a price of $9.45 per share.
- Following this transaction, Tanious directly owns 42.3281 shares of common stock.
- The purchase is a matching transaction under Section 16 of the Securities Exchange Act of 1934, as amended, with a sale of 42.3281 shares on November 12, 2024, at $10.34 per share.
- Tanious voluntarily disgorged a short-swing profit of $37.68 to Savers Value Village, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it primarily reports a routine transaction and a minor correction. The voluntary disgorgement is a positive sign of compliance.
Positives
- The voluntary disgorgement of short-swing profit demonstrates compliance with Section 16 regulations.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency into the transactions of company executives.
Stakeholder Impact
- The voluntary disgorgement of profit could be viewed positively by shareholders as it demonstrates management's commitment to regulatory compliance.
Key Dates
| Date | Description |
|---|---|
| November 12, 2024 | Sale of 42.3281 shares of common stock by the reporting person at a price of $10.34 per share. |
| February 21, 2025 | Purchase of 42.328 shares of common stock at $9.45 per share. |
| February 25, 2025 | Date of signature on the Form 4 filing. |
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