TATEN BRUCE M. 4
Research Summary
AI-generated summary
JELD‑WEN Director Bruce M. Taten Sells 19,483 Shares
What Happened
Bruce M. Taten, a director of JELD‑WEN Holding, Inc. (JELD), sold 19,483 shares in an open‑market transaction on May 11, 2026 at $1.66 per share, reported as proceeds of $32,279. This was a sale (code S) disclosed on a Form 4 filed May 12, 2026. The filing’s footnote indicates the shares were sold to pay taxes related to the vesting of a restricted stock unit (RSU) grant originally awarded May 8, 2025—i.e., a tax‑withholding sale rather than an investment bet.
Key Details
- Transaction date: 2026-05-11; filing date: 2026-05-12 (timely within the two‑business‑day window).
- Sold: 19,483 shares at $1.66 per share; reported proceeds $32,279.
- Transaction type: Sale (code S); footnote F1: sale to cover taxes on RSU vesting (tax withholding).
- Shares owned after transaction: not specified in the provided excerpt—see the full Form 4 for post‑transaction holdings.
- No indication of a 10b5‑1 plan or other trading arrangement in the provided data.
Context
Tax‑withholding sales of shares from vested RSUs are common and generally routine—they reflect tax obligations, not necessarily a director’s view on the company’s prospects. For retail investors, purchases tend to be more informative as potential bullish signals; this sale appears procedural. Check the complete Form 4 for exact post‑transaction holdings and any additional disclosures.