Faught James R. 4
4 · Yellow Corp · Filed Mar 4, 2021
Insider Transaction Report
Form 4
Yellow CorpYELL
Faught James R.
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2021-03-02$6.61/sh−168$1,110→ 57,570 total
Footnotes (1)
- [F1]On March 1, 2021, 250 restricted shares of Mr. Faught's Company stock, granted March 1, 2018, vested, and 250 restricted shares of Mr. Faught's Company stock, granted March 1, 2019, vested. On March 2, 2021, an automatic broker sale of 168 of the 500 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the March 1st 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.