Hazen John 4
4 · Boot Barn Holdings, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Boot Barn (BOOT) CEO John Hazen Receives Awards; Shares Withheld
What Happened
- John Hazen, CEO of Boot Barn Holdings, received newly vested equity (awards) and had shares withheld to satisfy tax withholding obligations. Across vesting events he was awarded 30,378 shares (16,834 on 2026-05-18 and 13,544 on 2026-05-20) at no cash cost. To cover tax withholding, the company withheld/disposed a total of 10,995 shares: 3,055 shares on 2026-05-16 at $141.09 each ($431,030), 1,048 shares on 2026-05-19 at $141.54 each ($148,334), and 6,892 shares on 2026-05-20 at $142.27 each ($980,525). Total value of shares withheld was approximately $1,559,889.
- These transactions are award vestings and routine sell-to-cover (tax withholding) events, not open-market purchases or discretionary sales.
Key Details
- Transaction dates and prices:
- 2026-05-16: 3,055 shares withheld @ $141.09 = $431,030 (tax withholding for RSU vesting) (F1)
- 2026-05-18: 16,834 shares awarded @ $0.00 (time-based RSUs) (F2, F3)
- 2026-05-19: 1,048 shares withheld @ $141.54 = $148,334 (tax withholding for RSU vesting) (F4)
- 2026-05-20: 13,544 shares awarded @ $0.00 (PSU vesting/performance) (F5, F7)
- 2026-05-20: 6,892 shares withheld @ $142.27 = $980,525 (tax withholding for PSU vesting) (F6)
- Aggregate: 30,378 shares awarded; 10,995 shares withheld; ~$1.56M withheld value.
- Shares owned after transaction: filing states beneficial ownership includes the newly vested shares but excludes shares subject to further vesting; the Form 4 does not report a single consolidated total holding in the supplied excerpt.
- Notable footnotes: awards consist of time‑based RSUs (vesting over three years) and performance share units (PSUs) that vested upon achievement of performance measures. Withheld shares were used solely to satisfy tax withholding obligations (sell-to-cover).
- Filing timeliness: Form 4 was filed on 2026-05-20 for transactions through 2026-05-20 — a timely insider filing (no late filing indicated).
Context
- These transactions are compensatory vestings and routine tax-withholding dispositions (common when restricted stock units or performance shares vest). They do not represent a voluntary open‑market sale of a board member’s or executive’s position and therefore are less informative about immediate insider sentiment than outright purchases.
- For retail investors: purchases are generally more informative as a bullish signal. Vesting + tax-withholding events primarily reflect compensation mechanics rather than a CEO buying or selling stock for investment reasons.
Insider Transaction Report
Form 4
Hazen John
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Tax Payment
Common Stock
[F1]2026-05-16$141.09/sh−3,055$431,030→ 9,707 total - Award
Common Stock
[F2][F3]2026-05-18+16,834→ 34,727 total - Tax Payment
Common Stock
[F4]2026-05-19$141.54/sh−1,048$148,334→ 10,717 total - Award
Common Stock
[F5]2026-05-20+13,544→ 24,261 total - Tax Payment
Common Stock
[F6]2026-05-20$142.27/sh−6,892$980,525→ 17,369 total
Holdings
- 32,669
Common Stock
[F7]
Footnotes (7)
- [F1]On May 16, 2026, in connection with the vesting of shares underlying 6,003 previously disclosed restricted stock units, the issuer withheld 3,055 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $141.09 per share, the closing price of the common stock on the first trading day following the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 16, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F2]Consists of shares underlying restricted stock units granted under the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan, subject to vesting over a three-year period in equal annual installments on each anniversary of the grant date.
- [F3]Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 18, 2026 that remain subject to time-based vesting.
- [F4]On May 19, 2026, in connection with the vesting of shares underlying 2,058 previously disclosed restricted stock units, the issuer withheld 1,048 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $141.54 per share, the closing price of the common stock on the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 19, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F5]Represents shares acquired by the reporting person through vesting upon the achievement of performance measures under performance share units ("PSUs") granted on May 19, 2023 under Boot Barn Holdings, Inc.'s 2020 Equity Incentive Plan. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 20, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F6]On May 20, 2026, in connection with the vesting of the PSUs referred to above, the issuer withheld 6,892 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $142.27 per share, the closing price of the common stock on the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 20, 2026, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions.
- [F7]Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 20, 2026 that remain subject to time-based vesting.
Signature
/s/ John Hazen|2026-05-20