Form 4: Stitch Fix CEO Matt Baer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stitch Fix CEO Matt Baer reports the disposal of 65,374 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 13, 2024, Matt Baer, the CEO of Stitch Fix, Inc., reported a transaction involving Class A Common Stock.
- Mr. Baer disposed of 65,374 shares at a price of $2.34 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Mr. Baer beneficially owns 1,050,706 shares of Stitch Fix, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock disposal for tax purposes.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/14/2024 | Date of signature for the report. |
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