Form 4: Simply Good Foods Co Director Scalzo Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Director Joseph Scalzo of Simply Good Foods Co. reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On July 8, 2024, Joseph Scalzo, a director of Simply Good Foods Co. (SMPL), reported a transaction on Form 4.
- The transaction involved the disposal of 2,429 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
- The shares were disposed of at a price of $36.22 per share.
- Following the transaction, Scalzo directly owns 135,377 shares of Simply Good Foods Co.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of transaction: Disposal of shares to cover tax withholding obligations. |
| 07/08/2024 | Date of signature on the Form 4 filing. |
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