Ciccolini Vincent 4
Research Summary
AI-generated summary
Signet (SIG) CAO Vincent Ciccolini Sells 286 Shares
What Happened
- Vincent Ciccolini, Chief Accounting Officer of Signet Jewelers (SIG), had 286 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The shares are reported as a disposition (code F) at $85.25 per share, totaling $24,382.
Key Details
- Transaction date: 2026-03-17; Filing date: 2026-03-19 (filed timely).
- Price used: $85.25 per share (average of high and low sale price on the vest date — footnote F2).
- Shares disposed: 286; Total value: $24,382.
- Transaction code F = payment of tax liability (shares withheld to cover taxes), per footnote F1.
- Footnote F1: Withheld shares represent tax withholding on vesting of 1/3 of RSUs granted March 17, 2023.
- Footnote F3: Ciccolini still has 5,251.13 RSUs subject to vesting/forfeiture.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- This was a routine tax-withholding disposition tied to RSU vesting (a "sell-to-cover" style transaction), not an open-market sale for investment purposes. Such withholdings are common when equity awards vest and do not by themselves indicate insider sentiment.