Form 4: Executive David Barry Reports Share Surrender for Taxes and 401(k) Acquisition in Pursuit Attractions & Hospitality, Inc.
SEC Form 4 Filing
David Barry, President and CEO of Pursuit Attractions & Hospitality, Inc., reports the surrender of shares for tax obligations related to vested Restricted Stock Units and the acquisition of shares through the company's 401(k) plan.
Summary
- On March 1, 2025, David Barry, President and CEO of Pursuit Attractions & Hospitality, Inc., reported a transaction involving the company's common stock.
- Barry surrendered 2,507 shares to cover taxes related to the vesting of Restricted Stock Units at a price of $39.7 per share.
- Between January and March 2025, Barry acquired 108.98 shares of the company's common stock through the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
- Following these transactions, Barry directly owns 107,430 shares and indirectly owns 2,463.93 shares through the 401(k) plan.
- A Power of Attorney was executed on March 4, 2025, appointing several individuals to act on Barry's behalf for SEC filings related to company securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing routine transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, ensuring transparency of insider transactions.
- The surrender of shares for tax obligations related to vesting RSUs is a common occurrence among executives.
- Acquisition of shares through a 401(k) plan is a typical benefit offered by companies to their employees.
Stakeholder Impact
- Shareholders are informed about insider transactions, providing transparency into management's actions.
- The filing ensures compliance with SEC regulations, maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for Restricted Stock Units |
| 01/2025 03/2025 | Period during which shares were acquired under the 401(k) plan |
| 03/01/2025 | Date of share surrender for taxes |
| 03/04/2025 | Date of Power of Attorney execution |
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