Form 4: Vera Bradley Executive Alison Hiatt Reports Stock Disposal to Cover Tax Obligations
SEC Form 4
Alison Hiatt, Chief Marketing Officer of Vera Bradley, Inc., disposed of 2,197 shares of common stock on March 31, 2024, to satisfy tax withholding obligations.
Summary
- On March 31, 2024, Alison Hiatt, the Chief Marketing Officer of Vera Bradley, Inc., disposed of 2,197 shares of the company's common stock.
- The transaction was executed to cover tax obligations related to vested stock.
- Following the transaction, Hiatt directly owns 18,671 shares of Vera Bradley, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction by an officer. It is neutral in sentiment as it simply reports facts.
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 stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock disposal transaction |
| 04/02/2024 | Date of Form 4 filing |
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