Brooks Jeremy 4
Research Summary
AI-generated summary
Williams-Sonoma (WSM) CAO Jeremy Brooks Receives RSU Award
What Happened
- Jeremy Brooks, Chief Accounting Officer of Williams‑Sonoma (WSM), had restricted stock units vest on January 27, 2026. The filing shows a 1,221‑share award/acquisition (RSUs converted to stock) and related exercise/conversion entries for 409 shares. To satisfy tax withholding, 169 shares were withheld and disposed at $204.67 per share, totaling about $34,589. Net shares issued to Brooks were roughly 1,052 (1,221 vested less 169 withheld).
- These transactions are recorded as derivative exercises/conversions (code M), an award/acquisition (code A), and tax withholding (code F).
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (timely filing).
- Withholding: 169 shares withheld at $204.67/share = $34,589 to cover tax obligations (cashless withholding).
- Award: 1,221 restricted stock units vested/converted into shares (each RSU = 1 share per footnote).
- Additional entries: conversion/exercise of 409 derivative units is shown in the filing (no cash paid).
- Vesting schedule notes: some RSUs vest in equal installments on 1/27/2026–2029 and others 1/27/2027–2030 (see footnotes); RSUs cancel upon vesting and delivery.
- Shares owned after transaction: not specified in the excerpt provided.
Context
- This appears to be routine RSU vesting and tax withholding (a cashless withholding to cover taxes), not an open‑market sale or purchase. Exercise/conversion entries reflect conversion of award units into common stock rather than a paid option exercise. Such vesting events are typical compensation activity and do not, by themselves, indicate insider market sentiment.