Form 4: Zumiez CFO Work Christopher Codington Reports Tax-Related Stock Disposal
SEC Form 4
Zumiez Inc. CFO Work Christopher Codington disposed of 474 shares of common stock on March 14, 2024, to cover taxes related to restricted stock.
Summary
- On March 14, 2024, Work Christopher Codington, the Chief Financial Officer of Zumiez Inc., disposed of 474 shares of Zumiez common stock.
- The transaction was executed to cover tax obligations related to restricted stock.
- The shares were disposed of at a price of $14.73 per share.
- Following the transaction, Codington directly owns 60,905 shares of Zumiez Inc.
- This total includes 14,443 shares acquired through the Zumiez Inc. Employee Stock Purchase Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral. This is a routine transaction related to tax obligations, and there is no indication of any negative implications for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common among executives with equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock disposal transaction |
| 03/15/2024 | Date of signature by Attorney-in-fact |
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