Outdoor Holding (POWW) CLO Jordan Christensen Receives 45,000-Share Award

What Happened Jordan Christensen, Chief Legal Officer and Corporate Secretary of Outdoor Holding Co (POWW), received a grant of 45,000 shares of common stock on August 17, 2026 as part of his quarterly compensation (total value $100,800 at $2.24/share). The issuer withheld 12,577 of those shares to satisfy tax withholding obligations (approximate value $28,172), leaving a net issuance of 32,423 shares to Christensen.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (filed within the typical 2-business-day window).
• Award: 45,000 shares granted at $2.24 per share — total value $100,800.
• Tax withholding: 12,577 shares withheld at $2.24 per share — value ~$28,172 (reported as a disposition for tax purposes).
• Net shares received: 32,423 shares (45,000 granted minus 12,577 withheld).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 confirms the grant is quarterly compensation; F2 explains shares were withheld to satisfy tax withholding obligations.
• Transaction codes: A = award/grant, F = tax withholding.

Context This was a compensation grant (not an open-market purchase or sale). Withholding of a portion of awarded shares to cover taxes is a routine, administrative action and does not necessarily signal the insider’s view of the stock. Purchases or open-market sales can be more informative about insider sentiment; this filing reflects standard equity-based pay.