Form 4: Vital Farms CSO Peter Nicholas Pappas Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Peter Nicholas Pappas, CSO and President of Eggs at Vital Farms, Inc., reported disposing of common stock to cover withholding tax obligations.
Summary
- On March 10, 2025, Peter Nicholas Pappas disposed of 4,709 shares of Vital Farms common stock at a price of $32.04 per share to cover withholding tax obligations.
- Following this transaction, Pappas directly owns 71,506 shares of Vital Farms common stock.
- On March 11, 2025, Pappas disposed of 2,266 shares of Vital Farms common stock at a price of $31.6 per share for the same reason.
- After the second transaction, Pappas directly owns 69,240 shares of Vital Farms common stock.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, reflecting routine stock disposals for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine filing related to stock transactions by a company executive, which is common in publicly traded companies. The disposal of shares to cover tax obligations is a standard practice.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a strategic shift.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Disposal of 4,709 shares of common stock at $32.04 per share. |
| 03/11/2025 | Disposal of 2,266 shares of common stock at $31.6 per share. |
| 03/12/2025 | Date of signature by Attorney-in-Fact. |
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