Form 4: Walgreens Boots Alliance Executive Chairman Reports Tax Withholding Stock Disposition
SEC Form 4 Filing
Stefano Pessina, Executive Chairman of Walgreens Boots Alliance, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- Stefano Pessina, Executive Chairman of Walgreens Boots Alliance, filed a Form 4 on November 5, 2024.
- The form reports a disposition of 19,438 shares of common stock on November 1, 2024, to satisfy tax withholding obligations related to the vesting of a restricted stock award.
- The disposition was executed at a price of $9.46 per share.
- Following the transaction, Pessina directly owns 1,471,123 shares and indirectly owns 144,788,821 shares through Alliance Sante Participations S.A. (ASP).
- The form also lists employee stock options held by Pessina with various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and does not convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/12/2019 | Date on which employee stock option with exercise price of $77.08 vested. |
| 11/01/2019 | Date on which employee stock option with exercise price of $82.46 vested. |
| 11/01/2019 | Date on which employee stock option with exercise price of $79.9 vested. |
| 11/01/2020 | Date on which employee stock option with exercise price of $67.01 vested. |
| 11/01/2020 | Date on which employee stock option with exercise price of $79.9 vested. |
| 11/01/2020 | Date on which employee stock option with exercise price of $57.38 vested. |
| 11/01/2021 | Date on which restricted stock award was granted. |
| 11/01/2021 | Date on which employee stock option with exercise price of $79.9 vested. |
| 11/01/2021 | Date on which employee stock option with exercise price of $57.38 vested. |
| 11/01/2022 | Date on which employee stock option with exercise price of $57.38 vested. |
| 02/12/2026 | Expiration date of employee stock option with exercise price of $77.08. |
| 11/01/2024 | Date of stock disposition for tax withholding. |
| 11/01/2026 | Expiration date of employee stock option with exercise price of $82.46. |
| 11/01/2027 | Expiration date of employee stock option with exercise price of $67.01. |
| 11/01/2028 | Expiration date of employee stock option with exercise price of $79.9. |
| 11/01/2029 | Expiration date of employee stock option with exercise price of $57.38. |
| 11/05/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.