SHAR JONATHAN 4
Research Summary
AI-generated summary
Barnes & Noble Education (BNED) CEO Jonathan Shar Sells 81 Shares
What Happened
- Jonathan Shar, CEO of Barnes & Noble Education, sold 81 shares on 2026-03-13 at $8.11 per share for proceeds of about $657. The sale occurred on vesting of restricted stock units and was used to cover applicable withholding taxes.
Key Details
- Transaction date & price: 2026-03-13, sale at $8.11/share.
- Shares sold: 81; gross proceeds ≈ $657.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — Shares were sold upon RSU vesting (payable solely in common stock) to cover tax withholding.
- Filing timeliness: Report filed 2026-03-17; this is within the two-business-day Form 4 filing window, so it appears timely.
Context
- This was a sell-to-cover tied to RSU vesting (tax withholding), a routine administrative sale rather than an independent open-market disposition motivated by liquidity or sentiment. Such transactions are common and do not, by themselves, indicate the insider’s view of the company’s future prospects.