Form 4: Smith & Wesson Executive Vice President Deana L. McPherson Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Deana L. McPherson, Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of Smith & Wesson Brands, Inc., reports the disposal of 628 shares of common stock to cover tax obligations.
Summary
- On May 3, 2024, Deana L. McPherson, an Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary at Smith & Wesson Brands, Inc. (SWBI), disposed of 628 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $17.19 per share.
- Following the transaction, McPherson directly owns 97,471 shares of Smith & Wesson Brands, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard transaction related to tax obligations and doesn't indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the company's overall financial health or strategic direction.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Disposal of 628 shares of common stock for tax obligations. |
| 05/06/2024 | Date of signature on the report. |
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