Form 4: Simply Good Foods CEO Geoff E. Tanner Disposes of Shares to Cover Tax Obligations
SEC Form 4
Geoff E. Tanner, President and CEO of Simply Good Foods Co, disposed of 1,916 shares of common stock on April 10, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On April 10, 2024, Geoff E. Tanner, the President and CEO of Simply Good Foods Co, disposed of 1,916 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Tanner directly owns 61,729 shares of Simply Good Foods Co.
- The sale price was $32.4 per share.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: Geoff E. Tanner disposed of 1,916 shares of common stock. |
| 04/11/2024 | Date of signature: Timothy R. Kraft signed the document as Attorney-in-Fact for Geoff E. Tanner. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.