Sacco Christine 4
Research Summary
AI-generated summary
Prestige (PBH) CFO Christine Sacco Withholds 991 Shares for Taxes
What Happened Christine Sacco, CFO and COO of Prestige Consumer Healthcare (PBH), had 991 shares withheld on 2026-05-07 to satisfy tax liability related to an equity transaction. The withholding was recorded at $54.59 per share, a total value of approximately $54,099. This was a tax-withholding disposition (routine administrative action), not an open-market sale.
Key Details
- Transaction date and price: 2026-05-07 at $54.59 per share
- Shares withheld/disposed: 991 shares, total value ≈ $54,099
- Transaction code: F — payment of exercise price or tax liability (share withholding)
- Filing date: 2026-05-11 — filed 4 days after the transaction; appears to be outside the typical two-business-day Form 4 window
- Shares owned after transaction: not specified in the provided filing
Context Share withholding to cover taxes is a common administrative step when options are exercised or restricted stock vests; it reduces the insider’s net shares but is not a market sale and therefore less informative about the insider’s view of the company. The late filing may be worth noting for transparency, though single withholding events are typically routine.