Form 4: Vince Holding Corp. Executive Marie Fogel Reports Tax-Related Share Disposals
SEC Form 4 Filing
Marie Fogel, Chief Merchandising and Manufacturing Officer at Vince Holding Corp., reported the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Marie Fogel, Chief Merchandising and Manufacturing Officer of Vince Holding Corp., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of common stock on May 26, 2024, and June 3, 2024, to satisfy tax withholding obligations.
- On May 26, 2024, 2,622 shares were disposed of at a price of $1.71.
- On June 3, 2024, 1,141 shares were disposed of at a price of $1.77.
- Following these transactions, Fogel beneficially owns 33,143 shares of Vince Holding Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by shareholders, but is likely immaterial given the reason for disposal.
Key Dates
| Date | Description |
|---|---|
| 05/26/2024 | Disposal of 2,622 shares of common stock at $1.71 per share. |
| 06/03/2024 | Disposal of 1,141 shares of common stock at $1.77 per share. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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