Form 4: Smith & Wesson Brands, Inc.: Officer Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, Inc., disposed of 447 shares of common stock to cover tax withholding obligations.
Summary
- On May 5, 2025, Susan Jean Cupero, Vice President of Sales at Smith & Wesson Brands, Inc., disposed of 447 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $9.18.
- Following the transaction, Cupero directly owns 53,804 shares of Smith & Wesson Brands, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding 10% or more of the company's shares) buy or sell the company's securities. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Susan Jean Cupero disposed of shares. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SWBI, Smith & Wesson Brands, Inc., Susan Jean Cupero, insider trading, stock disposal, tax withholding, restricted stock units
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