Form 4: Sportsman's Warehouse CEO Paul Stone Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Paul Stone, President and CEO of Sportsman's Warehouse Holdings, Inc., disposed of 17,792 shares of common stock on May 1, 2025, to satisfy tax withholding obligations related to vested restricted stock units.
Summary
- On May 1, 2025, Paul Stone, the President and CEO of Sportsman's Warehouse Holdings, Inc., disposed of 17,792 shares of common stock.
- The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- The price per share for the disposed stock was $1.69.
- Following the transaction, Stone directly owns 1,013,321 shares of common stock.
- Stone also holds restricted stock units that will vest in multiple installments between November 2025 and March 2028, subject to continued employment.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations and vesting of stock. It doesn't inherently indicate positive or negative sentiment about the company's future.
Future Outlook
The reporting person will continue to hold a significant number of shares and restricted stock units, with vesting occurring over the next several years, contingent on continued employment.
Industry Context
Executive stock transactions are common and often related to compensation and tax planning. This transaction is a routine part of executive compensation and does not necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine executive stock disposal for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock disposal and vesting of restricted stock units. |
| 05/05/2025 | Date of filing the Form 4. |
| 11/01/2025 | First vesting date of some restricted stock units. |
| 04/01/2026 | First vesting date of some restricted stock units. |
| 05/01/2026 | First vesting date of some restricted stock units. |
| 03/26/2026 | First vesting date of some restricted stock units. |
| 11/01/2026 | Second vesting date of some restricted stock units. |
| 04/01/2027 | Second vesting date of some restricted stock units. |
| 05/01/2027 | Second vesting date of some restricted stock units. |
| 03/26/2027 | Second vesting date of some restricted stock units. |
| 03/26/2028 | Final vesting date of some restricted stock units. |
Keywords
Form 4, Stock Disposal, Restricted Stock Units, Beneficial Ownership, SPWH, Sportsman's Warehouse, Paul Stone, Executive Compensation, Tax Withholding
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