Work Christopher Codington 4
Research Summary
AI-generated summary
Zumiez CFO Christopher Work Withholds 1,349 Shares for Taxes
What Happened
- Christopher Work, Chief Financial Officer of Zumiez Inc. (ZUMZ), had 1,349 shares withheld to satisfy tax withholding obligations related to restricted stock. The shares were reported disposed at $21.43 per share, for a total value of $28,909, in a Form 4 covering the 2026-03-13 transaction (filed 2026-03-16).
Key Details
- Transaction date and filing: transaction reported for 2026-03-13; Form 4 filed 2026-03-16 (timely).
- Transaction type/code: F — shares withheld to pay taxes on restricted stock.
- Shares involved: 1,349 shares withheld at $21.43 each; total value $28,909.
- Post-transaction holdings: not specified in the provided summary of the filing.
- Footnotes: F1 indicates shares were withheld by Zumiez to pay taxes on restricted stock; F2 notes the total share count reported elsewhere includes 17,295 shares acquired through Zumiez’s Employee Stock Purchase Plan (ESPP).
Context
- Tax-withholding dispositions are routine administrative actions to cover tax obligations when restricted stock vests; they generally do not signal a deliberate market sale or change in insider confidence. This was not an open-market purchase or sale for cash by the insider.