Form 4: Williams-Sonoma Director Andrew Campion Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Andrew Campion reports acquisition of restricted stock units in Williams-Sonoma.
Summary
- On May 29, 2024, Andrew Campion, a director of Williams-Sonoma Inc. (WSM), acquired 699 restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of WSM common stock.
- The RSUs vest on the earlier of one year from the date of grant or the day before the next regularly scheduled annual meeting.
- Following the transaction, Campion directly owns 699 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock unit grants, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The acquisition of restricted stock units by a director can signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of transaction: Andrew Campion acquired restricted stock units. |
| 05/30/2024 | Date of report filing. |
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