Schemm Dennis Charles 4
Research Summary
AI-generated summary
Fox Factory (FOXF) CFO Dennis Schemm Withholds 1,365 Shares for Taxes
What Happened
- Dennis Schemm, Chief Financial Officer of Fox Factory Holding Corp (FOXF), had 1,365 shares withheld on 2026-02-27 to satisfy tax obligations tied to the vesting of restricted stock units. The withheld shares are reported at $16.84 each, for a total value of $22,987. This was a tax-withholding event (code F), not an open-market sale or new purchase.
Key Details
- Transaction date and price: 2026-02-27; 1,365 shares at $16.84 each.
- Total value withheld: $22,987.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were withheld to satisfy tax obligations from RSU vesting.
- Filing date: 2026-03-03 — filed within the normal Form 4 timing window (within two business days).
Context
- This was a routine tax-withholding on RSU vesting (a common practice where the company withholds shares to cover payroll/tax withholding). Such transactions are not the same as an insider selling shares on the open market and generally are neutral from a sentiment standpoint.