Form 4: Vince Holding Corp. Executive Akiko Okuma Reports Tax Withholding Share Disposals
SEC Form 4 Filing
Akiko Okuma, General Counsel & Secretary of Vince Holding Corp., reports the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 26, 2024, Akiko Okuma disposed of 1,473 shares of Vince Holding Corp. common stock at a price of $1.71 per share to cover tax withholding.
- Following this transaction, Okuma directly owns 34,449 shares.
- On June 3, 2024, Okuma disposed of 737 shares of Vince Holding Corp. common stock at a price of $1.77 per share to cover tax withholding.
- Following this transaction, Okuma directly owns 33,712 shares.
- The filing indicates that the initial transaction on May 26, 2024 was reported late inadvertently.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing share disposals for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock; these filings provide transparency into insider transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/26/2024 | Disposal of 1,473 shares at $1.71 for tax withholding. |
| 06/03/2024 | Disposal of 737 shares at $1.77 for tax withholding. |
| 06/05/2024 | Date of signature for the Form 4 filing. |
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