Lawton III Harry A 4
Research Summary
AI-generated summary
Tractor Supply (TSCO) CEO Harry Lawton III Shares Withheld for Taxes
What Happened
- Harry A. Lawton III, President & CEO and a director of Tractor Supply Co. (TSCO), had 6,444.406 shares withheld to satisfy tax withholding obligations when restricted stock units vested. The withholding was recorded at $54.80 per share, totaling $353,166. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-05
- Price per share used for withholding: $54.80
- Shares withheld/disposed: 6,444.406; Total value: $353,166
- Shares owned after transaction: not disclosed in the Form 4 filing
- Footnote: F1 — shares were withheld to satisfy tax withholding liabilities incident to the lapse of vesting restrictions on RSUs
- Filing timeliness: Reported on Form 4 filed 2026-02-09; filing appears timely (within required reporting window)
Context
- This transaction represents routine tax withholding on vested restricted stock units (a cashless withholding), not an open-market sale or a new purchase. Such withholdings are common and generally administrative in nature rather than a directional signal about the insider's view on the stock.