Faught James R. 4
4 · Yellow Corp · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Yellow CorpYELL
Faught James R.
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2022-02-18$9.73/sh−1,497$14,569→ 141,375 total
Footnotes (1)
- [F1]On February 17, 2022, 5,000 restricted shares of Mr. Faught's Company stock, granted February 17, 2020, vested. On February 18, 2022, an automatic broker sale of 1,497 of the 5,000 newly-vested shares was effected to satisfy the tax withholding obligation triggered upon the February 17 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.