Form 4: Stitch Fix CEO Matt Baer Reports Changes in Beneficial Ownership
SEC Form 4
Stitch Fix CEO Matt Baer reports the disposal of 27,260 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 11, 2024, Matt Baer, the CEO of Stitch Fix, Inc., reported a transaction involving Class A Common Stock.
- A total of 27,260 shares were disposed of at a price of $3.59 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Baer directly owns 946,509 shares of Stitch Fix, Inc.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine transaction related to tax obligations and doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 09/13/2024 | Date of signature on the report. |
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