Lawton III Harry A 4
Research Summary
AI-generated summary
Tractor Supply (TSCO) CEO Harry A. Lawton III Sells 6,203 Shares to Cover Taxes
What Happened
- Harry A. Lawton III, President & CEO and a director of Tractor Supply Co. (TSCO), had 6,203.528 restricted stock unit (RSU) shares withheld/disposed to satisfy tax withholding obligations. The transaction price was $54.74 per share, totaling approximately $339,569. The filing reports this as transaction code "F" (tax withholding).
Key Details
- Transaction date: 2026-02-08; Filing date (Form 4): 2026-02-10 (filed timely).
- Price per share: $54.74; Shares withheld/disposed: 6,203.528; Total value: ~$339,569.
- Shares owned after transaction: Not specified in the supplied excerpt of the filing.
- Footnote: F1 — shares were withheld to satisfy tax withholding liabilities upon lapse of vesting restrictions on RSUs.
- Transaction type: Tax withholding/cashless settlement of vested RSUs (not an open-market sale for liquidity or investment decision).
Context
- This was a routine tax-withholding action connected to RSU vesting (a form of cashless settlement), not a discretionary sale signaling a view on the company's stock. Such withholdings are common when equity awards vest and do not necessarily reflect insider sentiment.