Prestige Consumer Healthcare Inc.·4

May 6, 5:17 PM ET

Sacco Christine 4

Research Summary

AI-generated summary

Updated

Prestige Consumer (PBH) CFO Christine Sacco Receives Awards, Sells for Taxes

What Happened

  • Christine Sacco, CFO & COO of Prestige Consumer Healthcare (PBH), had performance stock units settle and received awards on May 4, 2026. Specifically, 7,008 shares were acquired upon settlement of PSUs that vested, and she was granted 11,976 restricted shares (RSUs). To satisfy tax withholding related to the vested PSUs, 3,434 shares were withheld/disposed at a value of $55.31 per share, totaling $189,935.
  • This event is primarily awards/vesting (A) with a routine tax-withholding disposition (F) — not an open-market sale or purchase for investment signaling.

Key Details

  • Transaction date: May 4, 2026; Form 4 filed May 6, 2026 (filed timely within the two-business-day window).
  • Shares acquired: 7,008 shares from vested PSUs (settlement) and 11,976 shares granted as RSUs (shown as acquired at $0.00).
  • Shares disposed/withheld: 3,434 shares withheld to satisfy tax obligations at $55.31/share = $189,935.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes:
    • F1: The 7,008-share settlement reflects PSUs granted May 5, 2023 that vested May 4, 2026 based on per-share growth goals.
    • F2: The 11,976 restricted shares vest in three equal installments of 3,992 shares on May 4 of 2027, 2028 and 2029.
  • Transaction codes: A = grant/award; F = tax withholding to cover liabilities (common when equity vests).

Context

  • This was a vesting/award event with routine tax withholding rather than an independent sale or purchase. Withheld shares to cover taxes are common after PSU/RSU vesting and do not necessarily indicate the insider's view of the stock.
  • The RSU grant is subject to future time-based vesting (three annual installments), so those shares are not immediately transferable until each vesting date.