Visser Chris K. 4
Research Summary
AI-generated summary
Zumiez (ZUMZ) Chief Legal Officer Chris Visser Withholds 860 Shares
What Happened
- Chris K. Visser, Chief Legal Officer & Secretary of Zumiez Inc. (ZUMZ), had 860 shares withheld by the company on March 13, 2026 to satisfy tax withholding related to restricted stock. The withholding was recorded as a disposition at $21.43 per share for a reported value of $18,430. This is a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-03-13; Filing date (Form 4): 2026-03-16 (filed within the SEC two-business-day window)
- Price per share: $21.43; Shares withheld/disposed: 860; Reported value: $18,430
- Transaction code: F (payment of exercise price or tax liability — here used for shares withheld to pay taxes)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnotes: F1 — shares were withheld by Zumiez to pay taxes on restricted stock. F2 — the reported share total includes 3,893 shares acquired through the Zumiez Employee Stock Purchase Plan (ESPP).
Context
- This was a tax-withholding action (company withheld shares to cover tax obligations on restricted stock) and is generally routine; it does not indicate an open-market sale or a new purchase signal. For insiders, withholding to cover taxes is common when restricted shares vest.