Form 4: Smith & Wesson Brands Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, Inc., disposed of 539 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 9, 2024, Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, Inc., disposed of 539 shares of common stock.
- The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $12.24 per share.
- Following the transaction, Cupero directly owns 65,994 shares of Smith & Wesson Brands, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction to cover tax obligations, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction: Susan Jean Cupero disposed of shares. |
| 09/11/2024 | Date of signature on the Form 4 filing. |
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