Faught James R. 4
4 · Yellow Corp · Filed Mar 2, 2022
Insider Transaction Report
Form 4
Yellow CorpYELL
Faught James R.
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2022-02-28$9.01/sh−4,146$37,355→ 137,229 total
Footnotes (1)
- [F1]On February 28, 2022, 14,124 restricted shares of Mr. Faught's Company stock, granted February 28, 2021, vested. On February 28, 2022, an automatic broker sale of 4,146 of the 14,124 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.