Form 4: Winnebago Industries CFO Reports Stock Transaction to Cover Tax Obligations
SEC Form 4 Filing
Bryan L. Hughes, SVP & CFO of Winnebago Industries, reported a transaction where shares were withheld to cover tax obligations upon vesting of a restricted stock unit award.
Summary
- On October 10, 2024, Bryan L. Hughes, the SVP & CFO of Winnebago Industries, reported a transaction on Form 4.
- The transaction involved the withholding of 672 shares of common stock, valued at $56.55 per share, to cover tax obligations.
- This withholding occurred upon the annual incremental vesting of a restricted stock unit award granted on October 10, 2023, under the company's 2019 Omnibus Equity, Performance Awards, and Incentive Compensation Plan.
- Following the transaction, Hughes directly owns 63,486 shares of Winnebago Industries stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to compensation and tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 10/10/2023 | Date of the restricted stock unit award grant. |
| 10/10/2024 | Date of the reported transaction (stock withholding for tax obligations). |
| 10/11/2024 | Date of signature on the Form 4 filing. |
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