O'Connor Thomas Joseph III 4
4 · Yellow Corp · Filed Mar 4, 2021
Insider Transaction Report
Form 4
Yellow CorpYELL
O'Connor Thomas Joseph III
President-USF Reddaway Inc.
Transactions
- Tax Payment
Common Stock
2021-03-02$6.61/sh−20,037$132,404→ 193,495 total
Footnotes (1)
- [F1]On February 28, 2021, 50,000 restricted shares of Mr. O'Connor's Company stock, granted February 28, 2020, vested. On March 2, 2021, an automatic broker sale of 20,037 of the 50,000 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 28th 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.