4Filed Aug 18, 8:00 PM ET
Outdoor Holding (POWW) CEO Steven Urvan Receives 15,000-Share Award
$POWW · Outdoor Holding CoResearch Summary
AI-generated summary of this SEC filing
Outdoor Holding (POWW) CEO Steven Urvan Receives 15,000-Share Award
What Happened
- Steven F. Urvan, CEO of Outdoor Holding Co. (POWW), was granted 15,000 shares of common stock on August 17, 2026 as part of board/compensation awards (no cash paid).
- To cover tax withholding on that award, 4,448 of the shares were withheld/treated as disposed at $2.24 per share, totaling about $9,964. A separate line item (0 shares) was also reported with no economic effect.
- The filing also re-reports shares held by UFO LLC (an entity Mr. Urvan manages) to reflect total beneficial holdings following these transactions; this re-reporting does not represent a new transfer of ownership.
Key Details
- Transaction date: August 17, 2026. Filing date: August 19, 2026 (filed within the typical 2-business-day Form 4 window).
- Primary transactions reported: A (award/grant) — 15,000 shares @ $0.00; F (tax withholding) — 4,448 shares @ $2.24 (disposed) ≈ $9,964; J — 0 shares.
- Shares owned after transaction: The filing re-reports indirect holdings held by UFO LLC but the provided excerpt does not list a total post-transaction share count.
- Footnotes: F1 — 15,000-share grant is routine quarterly Board compensation and was issued without consideration; F2 — 4,448 shares were withheld to satisfy tax withholding; F3 — UFO LLC is an entity managed by Mr. Urvan and the re-reporting reflects beneficial holdings, not a change in indirect ownership.
Context
- This is an award of shares (compensation), not an open-market purchase or sale by the insider. The withholding of shares to cover taxes is a common administrative action and should not be read as a market sale signal.
- No options were exercised here; the transactions are routine compensation and related tax withholding.