Form 4: Sportsman's Warehouse CFO Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey Justin White, CFO of Sportsman's Warehouse Holdings, disposed of 6,045 shares of common stock on April 10, 2025, to satisfy tax withholding obligations related to vesting restricted stock units.
Summary
- On April 10, 2025, Jeffrey Justin White, the CFO and Secretary of Sportsman's Warehouse Holdings, Inc., disposed of 6,045 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 $1.47.
- Following the transaction, White beneficially owns 218,479.2 shares of common stock, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't necessarily indicate a positive or negative sentiment towards the company's future prospects.
Future Outlook
The reporting person holds restricted stock units that will vest in future years, contingent upon continued employment with the issuer.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of stock disposal transaction. |
| 04/10/2026 | Date of vesting for 11,905 restricted stock units. |
| 03/26/2026 | Date of first installment vesting for 110,000 restricted stock units. |
| 03/26/2027 | Date of second installment vesting for 110,000 restricted stock units. |
| 03/26/2028 | Date of third installment vesting for 110,000 restricted stock units. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SPWH, Sportsman's Warehouse, Jeffrey Justin White, CFO, Stock Disposal, Restricted Stock Units, Tax Withholding
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