Form 4: Walgreens Boots Alliance Executive Chairman Reports Tax Withholding Stock Disposition

Sentiment:

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

DateDescription
02/12/2019Date on which employee stock option with exercise price of $77.08 vested.
11/01/2019Date on which employee stock option with exercise price of $82.46 vested.
11/01/2019Date on which employee stock option with exercise price of $79.9 vested.
11/01/2020Date on which employee stock option with exercise price of $67.01 vested.
11/01/2020Date on which employee stock option with exercise price of $79.9 vested.
11/01/2020Date on which employee stock option with exercise price of $57.38 vested.
11/01/2021Date on which restricted stock award was granted.
11/01/2021Date on which employee stock option with exercise price of $79.9 vested.
11/01/2021Date on which employee stock option with exercise price of $57.38 vested.
11/01/2022Date on which employee stock option with exercise price of $57.38 vested.
02/12/2026Expiration date of employee stock option with exercise price of $77.08.
11/01/2024Date of stock disposition for tax withholding.
11/01/2026Expiration date of employee stock option with exercise price of $82.46.
11/01/2027Expiration date of employee stock option with exercise price of $67.01.
11/01/2028Expiration date of employee stock option with exercise price of $79.9.
11/01/2029Expiration date of employee stock option with exercise price of $57.38.
11/05/2024Date of Form 4 filing.

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