Form 4: Vera Bradley CFO Michael Schwindle Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael Schwindle, CFO of Vera Bradley, Inc., reports the disposal of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 8, 2025, Michael Schwindle, the CFO of Vera Bradley, Inc., disposed of 12,899 shares of common stock to cover tax obligations.
- The shares were withheld at a price of $1.88 per share.
- Following the transaction, Schwindle directly owns 186,724 shares of Vera Bradley common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.
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 tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal for tax purposes and does not significantly alter the CFO's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of stock disposal transaction |
| 05/09/2025 | Date of signature by attorney-in-fact |
Keywords
Vera Bradley, Michael Schwindle, CFO, Form 4, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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