Form 4: Vital Farms Executive Peter Nicholas Pappas Reports Tax-Related Stock Transaction
SEC Form 4
Chief Sales Officer of Vital Farms, Peter Nicholas Pappas, reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- Peter Nicholas Pappas, Chief Sales Officer of Vital Farms, Inc., reported a transaction on March 22, 2024.
- The transaction involved the withholding of 237 shares of Common Stock by the issuer to satisfy withholding tax obligations at a price of $22.96.
- Following the transaction, Pappas directly owns 81,012 shares of Vital Farms, Inc.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing related to tax obligations, indicating normal business operations. There is nothing to suggest a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction (tax withholding) |
| 03/26/2024 | Date of signature on the Form 4 filing |
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