Form 4: Unifi Inc. Executive Andrew Eaker Reports Stock Transaction
SEC Form 4 Filing
EVP, CFO, & Treasurer of Unifi Inc., Andrew James Eaker, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 3, 2025, Andrew James Eaker, EVP, CFO, & Treasurer of Unifi Inc., reported a transaction involving the company's common stock.
- Eaker disposed of 1,956 shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $5.52 per share.
- Following the transaction, Eaker directly owns 69,811 shares of Unifi Inc. common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/06/2024 | Date of filing of Form 4 related to grant of restricted stock units. |
| 03/03/2025 | Date of transaction: disposition of shares for tax obligations. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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