Form 4: Zumiez Inc. Executive Adam Christopher Ellis Reports Stock Transactions
SEC Form 4 Filing
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 Inc. common stock.
- Mr. Ellis acquired 6,621 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 1,648 shares were withheld by Zumiez Inc. to cover tax obligations related to the vesting of the restricted stock units at a price of $13.6.
- Following these transactions, Mr. Ellis directly owns 47,083 shares of Zumiez Inc. common stock and 2,927 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the issuance of shares related to existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: vesting of restricted stock units and tax withholding |
| 03/18/2024 | Date of signature by Attorney-in-Fact |
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