Faught James R. 4
4 · Yellow Corp · Filed Feb 19, 2021
Insider Transaction Report
Form 4
Yellow CorpYELL
Faught James R.
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2021-02-18$6.20/sh−1,725$10,695→ 15,365 total
Footnotes (1)
- [F1]On February 17, 2021, 5,000 restricted shares of Mr. Faught's Company stock, granted February 17, 2020, vested. On February 18, 2021, an automatic broker sale of 1,725 of the 5,000 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 17th vesting. The automatic broker sale of newly-vested shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of restricted stock.