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 14, 2024, Adam Christopher Ellis, President International of Zumiez Inc., reported transactions involving Zumiez's common stock.
- Ellis converted 1,482 restricted stock units into common stock.
- 458 shares were withheld by Zumiez Inc. to cover taxes at a price of $14.73 per share.
- Following these transactions, Ellis directly owns 42,110 shares of Zumiez common stock and 17,272 restricted stock units.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock transaction (conversion of restricted stock units and tax withholding) |
| 03/15/2024 | Date of signature by Attorney-in-Fact |
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