Watkins James M 4
4 · Boot Barn Holdings, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Boot Barn (BOOT) CFO James Watkins Receives Awards, Withholds Shares
What Happened James M. Watkins, Chief Financial Officer and Secretary of Boot Barn Holdings, received equity awards that vested in mid‑May 2026 and had shares withheld to cover taxes. The filing shows acquisitions of 4,607 shares on 2026-05-18 and 13,544 shares on 2026-05-20 (both acquired at $0.00, reflecting vesting of RSUs/PSUs). On 2026-05-20, 6,892 shares were disposed via tax withholding at $142.27 per share, a withholding value of approximately $980,525.
Key Details
- Transactions:
- 2026-05-18: Award/acquisition of 4,607 shares @ $0.00 (vesting).
- 2026-05-20: Award/acquisition of 13,544 shares @ $0.00 (vesting).
- 2026-05-20: Tax withholding (Code F) of 6,892 shares @ $142.27 = ~$980,525 (disposed to satisfy withholding).
- Why $0.00 price: shares were issued on vesting (restricted stock units/performance share units), not bought on the open market.
- Vesting notes: time‑based RSUs vest over three years in equal annual installments (footnotes F1, F2, F5). The 13,544/4,607 amounts reflect vested RSUs and performance share units (PSUs) — PSUs granted 5/19/2023 vested upon achievement of performance measures (F3).
- Shares owned after transaction: filing indicates beneficial ownership includes the newly vested shares, but the filing does not state a consolidated total share count after these transactions.
- Filing timeliness: transaction dates are 5/18 and 5/20 with Form 4 filed 2026-05-20 — filing appears timely; no late filing flag noted.
- Transaction codes: A = award/grant (vesting); F = tax withholding (disposition of shares to cover taxes).
Context These were vesting events (awards converted to shares) with a routine tax‑withholding disposition (often called a cashless withholding). Vesting and withholding do not reflect an open‑market sale decision by the insider and are common when equity awards convert to stock.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-18+4,607→ 12,166 total - Award
Common Stock
[F3]2026-05-20+13,544→ 32,723 total - Tax Payment
Common Stock
[F4]2026-05-20$142.27/sh−6,892$980,525→ 25,831 total
- 10,108
Common Stock
[F5]
Footnotes (5)
- [F1]Consists of shares underlying restricted stock units granted under the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan, subject to vesting over a three-year period in equal annual installments on each anniversary of the grant date.
- [F2]Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 18, 2026 that remain subject to time-based vesting.
- [F3]Represents shares acquired by the reporting person through vesting upon the achievement of performance measures under performance share units ("PSUs") granted on May 19, 2023 under Boot Barn Holdings, Inc.'s 2020 Equity Incentive Plan. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 20, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F4]On May 20, 2026, in connection with the vesting of the PSUs referred to above, the issuer withheld 6,892 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $142.27 per share, the closing price of the common stock on the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 20, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F5]Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 20, 2026 that remain subject to time-based vesting.