Form 4: Smith & Wesson Brands Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, reports a transaction involving the withholding of common stock to cover tax obligations.
Summary
- On March 15, 2024, Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, had 669 shares of common stock withheld by the issuer to cover tax obligations related to the vesting of restricted stock units at a price of $17.54.
- Following this transaction, Ms. Cupero beneficially owns 48,222 shares of Smith & Wesson Brands common stock.
- Ms. Cupero no longer has a reportable beneficial interest in 2,300 shares of common stock owned by her son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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