Form 4: Vince Holding Corp. Executive Marie Fogel Reports Stock Transaction
SEC Form 4
Marie Fogel, Chief Merchandising and Manufacturing Officer at Vince Holding Corp., reported a transaction involving the withholding of 5,271 shares of common stock to cover tax obligations.
Summary
- Marie Fogel, the Chief Merchandising and Manufacturing Officer of Vince Holding Corp., filed a Form 4 indicating a transaction on January 22, 2025.
- The transaction involved the withholding of 5,271 shares of common stock at a price of $2.35 per share.
- These shares were withheld by Vince Holding Corp. to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Ms. Fogel directly owns 27,872 shares of Vince Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transaction. It does not indicate any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies. It reflects the standard practice of withholding shares to cover tax liabilities upon vesting of stock-based compensation.
Comparison to Industry Standards
- The practice of withholding shares for tax obligations is standard across publicly traded companies.
- Many companies use restricted stock units as part of executive compensation packages, and the vesting of these units often triggers tax liabilities.
- Similar filings are regularly made by executives at comparable companies such as PVH Corp. and Ralph Lauren Corp. when they have stock transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for executive compensation.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/22/2024 | Acquisition by P-180 Vince Acquisition Co. of 8,481,318 shares of common stock from affiliates of Sun Capital Partners, Inc. |
| 01/22/2025 | Date of the reported stock transaction where 5,271 shares were withheld for tax obligations. |
Keywords
Form 4, insider trading, stock transaction, Vince Holding Corp, Marie Fogel, restricted stock units, tax withholding, equity securities
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