Form 4: Zumiez CFO Work Christopher Codington Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Zumiez Inc. CFO, Work Christopher Codington, disposed of 302 shares of common stock on March 15, 2024, to cover tax obligations related to restricted stock.
Summary
- On March 15, 2024, Work Christopher Codington, the Chief Financial Officer of Zumiez Inc., disposed of 302 shares of Zumiez common stock.
- The transaction was executed to cover tax obligations related to restricted stock.
- The price per share for the disposal was $13.6.
- Following the transaction, Codington directly owns 60,603 shares of Zumiez Inc.
- This total includes 14,443 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations; it doesn't indicate positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are required by the SEC to ensure transparency in the market. This transaction is a routine occurrence related to tax obligations on restricted stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal for tax obligations. |
| 03/18/2024 | Date of signature for the report. |
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