4/A: Vital Farms Executive Corrects Stock Ownership Filing
Insider Transaction Amendment
Vital Farms' CMO and GM, Butter, Kathryn McKeon, filed an amended Form 4 to correct previously misreported shares withheld for tax obligations.
Summary
- Kathryn McKeon, CMO and GM, Butter, at Vital Farms, Inc. (VITL), filed an amendment to her Statement of Changes in Beneficial Ownership (Form 4).
- The amendment corrects the number of shares withheld by the Issuer to satisfy withholding tax obligations on two separate transaction dates.
- On March 10, 2025, 1,426 shares of Common Stock were withheld at a price of $32.04 per share, resulting in 52,701 shares beneficially owned.
- On March 11, 2025, 1,768 shares of Common Stock were withheld at a price of $31.6 per share, resulting in 50,933 shares beneficially owned.
- The previous filing inadvertently misreported the number of shares withheld and the subsequent beneficial ownership for the March 11, 2025 transaction.
Sentiment
Score: 5
Explanation: The filing is an administrative correction of an insider's beneficial ownership, indicating a neutral impact on the company's operational or financial performance.
Negatives
- An administrative error occurred in the original filing, requiring an amendment to correct misreported share numbers.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.
Management Comments
- The number of shares withheld to satisfy the withholding tax obligation was inadvertently misreported.
- This amendment corrects the number of shares withheld and the number of shares beneficially owned following the reported transactions.
Industry Context
This administrative filing by an insider of Vital Farms, Inc. is specific to individual beneficial ownership and does not provide information relevant to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact, as this is an administrative correction of an insider's reported ownership, not a change in company fundamentals or strategy.
- Regulatory Authorities: The amendment demonstrates compliance with SEC reporting requirements by correcting previously misreported data.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Transaction date for shares withheld for tax obligations (1,426 shares at $32.04). |
| 03/11/2025 | Transaction date for shares withheld for tax obligations (1,768 shares at $31.6), which was corrected by this amendment. |
| 03/12/2025 | Date of original Form 4 filing that contained the misreported information. |
| 01/27/2026 | Signature date of the amended Form 4/A by the attorney-in-fact. |
Keywords
Vital Farms, VITL, Form 4/A, SEC filing, insider transaction, stock ownership, Kathryn McKeon, CMO, corporate governance, beneficial ownership
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