Prestige Consumer (PBH) SVP Jeffrey Zerillo Sells 1,514 Shares
$PBH · Prestige Consumer Healthcare Inc.Research Summary
AI-generated summary of this SEC filing
Prestige Consumer (PBH) SVP Jeffrey Zerillo Sells 1,514 Shares
What Happened Jeffrey Zerillo, Senior Vice President of Operations at Prestige Consumer Healthcare (PBH), disposed of a total of 1,514 shares on 2026-05-05. The filing shows an open-market sale of 1,207 shares at $54.99 each (proceeds ~$66,373) and a disposition of 307 shares at $55.75 each to satisfy an exercise price or tax liability (value ~$17,115). Combined proceeds/consideration for the transactions total about $83,488. These were sales/withholdings rather than purchases and are commonly routine (e.g., sell-to-cover or post-exercise tax payment).
Key Details
- Transaction date: 2026-05-05; Filing date: 2026-05-07 (timely within the usual 2-business-day Form 4 window).
- Open-market sale (S): 1,207 shares @ $54.99 — $66,373.
- Payment of exercise price/tax liability (F): 307 shares @ $55.75 — $17,115 (shares were surrendered/withheld).
- Shares owned after transaction: not specified in the summary provided.
- Footnotes: Code F indicates shares were used to cover exercise price or tax liability (commonly a sell-to-cover or share surrender). No indication here of a 10b5-1 trading plan in the provided details.
Context The combination of a tax/price-related disposition (F) and an open-market sale (S) often reflects a cashless exercise or sell-to-cover pattern: shares are withheld to meet tax/exercise obligations and additional shares are sold in the open market. Sales do not necessarily signal negative views by the insider—they can be routine or tax-driven. Retail investors should view this as insider selling activity of modest size (~$83k) and consider it alongside other filings and the company’s fundamentals.