Form 4: Williams-Sonoma EVP David King Reports Stock Transactions
SEC Form 4 Filing
EVP General Counsel David Randolph King reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Williams-Sonoma stock.
Summary
- On April 15, 2025, David Randolph King, EVP General Counsel of Williams-Sonoma Inc., reported transactions involving the company's common stock.
- These transactions included the vesting of 4,056 restricted stock units (RSUs), which converted into common stock.
- Simultaneously, 2,060 shares were withheld to cover tax obligations at a price of $145.26 per share.
- Following these transactions, King directly owns 116,060 shares of common stock and indirectly owns 469 shares through a managed account.
- The vesting of the RSUs was part of a schedule with equal installments on the anniversary of the grant date from 2022 to 2025.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Stakeholder Impact
- The transactions reported have a minor impact on the overall shareholding structure of Williams-Sonoma.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| 2022 | Grant date of restricted stock units, vesting in four equal installments annually. |
| 2023 | Second vesting date of restricted stock units. |
| 2024 | Third vesting date of restricted stock units. |
| 04/15/2025 | Date of reported transactions: vesting of RSUs and tax withholding. |
| 04/15/2025 | Statement date for shares held in the Williams-Sonoma, Inc. 401(k) Plan. |
| 04/17/2025 | Date of signature for the Form 4 filing. |
Keywords
Williams-Sonoma, WSM, David Randolph King, EVP General Counsel, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Tax Withholding
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