Mills Robert D 4

What Happened

Robert D. Mills, EVP & Chief Technology Officer of Tractor Supply Co. (TSCO), had 866.094 restricted stock unit (RSU) shares withheld to satisfy tax withholding obligations when those RSUs vested. The withholding was recorded as a disposition of 866.094 shares at a reported price of $54.06 per share, totaling $46,823. This was a tax-withholding action (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-12
• Report filed: 2026-02-17 (appears later than the usual two-business-day Form 4 deadline)
• Shares withheld/disposed: 866.094 at $54.06 per share
• Reported value of withheld shares: $46,823
• Footnote: F1 — shares were withheld to satisfy tax withholding liabilities on the lapse of vesting restrictions for RSUs (i.e., tax withholding, not a sale to a third party)
• Shares owned after transaction: Not specified in the provided filing

Context

Withholding shares to cover taxes on vested RSUs is a routine administrative transaction and does not necessarily indicate insider sentiment about the company’s stock. Code F transactions represent shares retained or withheld by the company to satisfy tax obligations rather than an active sale in the market. The filing date is later than the standard two-business-day Form 4 deadline, which investors may note but which does not change the nature of the transaction.