Form 4: Zumiez Inc. Executive Adam Christopher Ellis Reports Stock Transactions

Adam Christopher Ellis, President International at Zumiez Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 15, 2024, Adam Christopher Ellis, President International of Zumiez Inc., reported transactions involving Zumiez common stock.
• Mr. Ellis converted 1,103 restricted stock units into common stock.
• Zumiez withheld 269 shares to cover taxes related to the vesting of the restricted stock units at a price of $13.6 per share.
• Following these transactions, Mr. Ellis directly owns 47,917 shares of Zumiez common stock and 9,548 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units.

Key Dates