ALBER LAURA 4
Research Summary
AI-generated summary
WSM CEO Laura Alber Receives Award, Withholds Shares for Taxes
What Happened Laura Alber, President & CEO of Williams‑Sonoma, had restricted stock units (RSUs) vest on April 4, 2026. The filing shows 12,602 shares issued on vesting (conversion of RSUs), and 6,412 of those shares were withheld to satisfy tax withholding obligations at an implied value of $180.17 per share (totaling approximately $1,155,250). No open‑market sale by the executive is reported — the disposition was a withholding to cover taxes.
Key Details
- Transaction date: April 4, 2026; Filing date / report period: April 7, 2026 (period of report listed as 2026-04-04).
- Shares issued on vesting (derivative conversion, code M): 12,602 shares.
- Shares withheld for taxes (code F): 6,412 shares at $180.17 per share, totaling about $1,155,250.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains shares were withheld to cover tax withholding; F3–F5 confirm these were RSUs (each RSU = one contingent share), vesting in four equal annual installments (2026–2029), and RSUs are cancelled upon vesting.
- No 10b5‑1 plan or gift reported; this appears to be routine vesting and tax withholding rather than an open‑market sale.
Context This is a common executive compensation event: RSUs converted to shares on vesting, with a portion withheld to cover tax liabilities (a cashless/withholding settlement). Such withholdings are procedural and do not necessarily indicate a directional view on the stock.