Form 4: Sportsman's Warehouse CFO Reports Stock Disposal to Cover Tax Obligations
SEC Filing
Jeffrey Justin White, CFO and Secretary of Sportsman's Warehouse Holdings, Inc., disposed of 1,802 shares of common stock on March 15, 2025, to satisfy tax withholding obligations related to restricted stock units.
Summary
- On March 15, 2025, Jeffrey Justin White, the CFO and Secretary of Sportsman's Warehouse Holdings, Inc., disposed of 1,802 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted stock units.
- Following the transaction, White directly owns 114,524.2 shares of common stock, which includes 23,810 restricted stock units scheduled to vest in two equal installments on April 10, 2025, and April 10, 2026, subject to continued employment.
- The disposal was priced at $1.11 per share.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
Future Outlook
The reporting person holds restricted stock units that will vest in the future, contingent on continued employment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing indicates a common practice of selling shares to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal transaction. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
| 04/10/2025 | First vesting date for restricted stock units. |
| 04/10/2026 | Second vesting date for restricted stock units. |
Keywords
Form 4, insider trading, SPWH, Jeffrey Justin White, Sportsman's Warehouse, stock disposal, restricted stock units, tax obligations, CFO
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