Grijalva Laurie Marie 4

What Happened
Laurie Marie Grijalva, Chief Merchandising Officer of Boot Barn Holdings (BOOT), received equity awards (restricted stock units and performance share units) and had shares withheld to satisfy tax withholding related to vesting. Transactions reported: 4,076 shares granted/awarded (May 18) and 13,544 shares acquired on PSU vesting (May 20) — total acquired 17,620 shares. To cover withholding taxes, the company withheld 1,233 shares on May 16 ($141.09/share, $173,964), 1,048 shares on May 19 ($141.54/share, $148,334), and 6,892 shares on May 20 ($142.27/share, $980,525), for a total of 9,173 shares withheld valued at approximately $1,302,823.

Key Details

• Transaction dates and prices:
  • May 16, 2026 — 1,233 shares withheld at $141.09/share (tax withholding) = $173,964.
  • May 18, 2026 — 4,076 shares granted (RSUs), $0 reported (subject to vesting schedule).
  • May 19, 2026 — 1,048 shares withheld at $141.54/share (tax withholding) = $148,334.
  • May 20, 2026 — 13,544 shares acquired on PSU vesting; 6,892 shares withheld at $142.27/share (tax withholding) = $980,525.
• Net counts: 17,620 shares acquired via awards/vesting; 9,173 shares withheld for taxes (total withheld ≈ $1.30M).
• Shares owned after transaction: the filing states beneficial ownership was updated to include vested awards but excludes shares subject to further vesting; the exact total post-transaction holding is not listed in the summary provided.
• Notable footnotes: Withholdings were routine to satisfy tax obligations on vested RSUs/PSUs (footnotes F1, F4, F6). The May 18 grants are time-based RSUs subject to three-year annual vesting (F2/F3). The May 20 acquisition resulted from PSU performance vesting (F5).
• Filing timeliness: Report filed May 20, 2026 covering activity through May 20, 2026 — appears timely (no late filing indicated).

Context
These transactions are primarily equity awards vesting and employer tax-withholding (transaction code A = award/grant; F = payment of exercise price or tax liability). Withheld shares are not open-market sales but a common "sell to cover" mechanism to satisfy taxes on vesting. This is different from an executive buying or selling stock as a market signal; the material action here is receiving RSUs/PSUs and routine tax withholding.