Form 4: Xponential Fitness Chief Legal Officer Reports Tax-Related Stock Disposition
SEC Filing
Andrew Hagopian, Chief Legal Officer of Xponential Fitness, reports disposition of shares to cover tax withholding obligations related to vesting of restricted stock units.
Summary
- Andrew Hagopian, the Chief Legal Officer of Xponential Fitness, Inc. (XPOF), filed a Form 4 with the SEC.
- The filing reports a disposition of 3,840 shares of Class A Common Stock on February 25, 2025, at a price of $15.68 per share.
- This disposition was to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Hagopian directly owns 251,924 shares of Class A Common Stock and indirectly owns 8,800 shares through the Hagopian Family Trust dated February 4, 2016.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing relates to tax obligations, which is a common reason for stock dispositions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is related to tax obligations and does not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| February 4, 2016 | Date of Hagopian Family Trust |
| February 23, 2025 | Date of Earliest Transaction |
| February 25, 2025 | Date of stock disposition for tax obligations |
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