Ordus John P 4
Research Summary
AI-generated summary
Tractor Supply EVP John Ordus Shares Withheld for Taxes
What Happened
- John P. Ordus, EVP & Chief Stores Officer of Tractor Supply Co. (TSCO), had 596.427 restricted stock unit (RSU) shares withheld to satisfy tax withholding liabilities when those RSUs vested. The withholding was at $54.74 per share, representing about $32,647 in value. This was not an open-market sale or purchase but a routine tax-withholding transaction tied to vesting.
Key Details
- Transaction date: 2026-02-08; Filing date: 2026-02-10 (timely).
- Withheld shares: 596.427 at $54.74 per share; total value ≈ $32,647.
- Transaction code: F (share withholding to satisfy tax obligations).
- Footnote: F1 — shares withheld to satisfy tax withholding on lapse of vesting restrictions.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- This is a common, administrative transaction when RSUs vest: the company withholds some shares to cover required taxes rather than the insider selling shares on the open market. It generally does not signal a change in the insider’s view of the company, unlike discretionary open-market purchases or sales.