Freeman Ann 4

What Happened
Ann Freeman, listed as President - Foot Locker NA, was granted 3,912 shares of time-based restricted stock on April 3, 2026. The Form 4 reports an acquisition price of $0.00 (i.e., a grant), so the filing shows $0 as the purchase value; the shares are subject to vesting per the footnote.

Key Details

• Transaction date: 2026-04-03 — Grant/award (code A) of 3,912 shares reported at $0.00.
• Filing date: 2026-04-07 (the Form 4 was filed four days after the transaction date; typical Form 4 deadlines are within two business days, so this appears to be a late filing).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — these are time-based restricted shares subject to vesting.
• No indication in the filing of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares.

Context
Time-based restricted stock grants are a common form of executive compensation; the recipient does not have full sale rights until the shares vest. A grant (A) recorded at $0 on a Form 4 typically reflects an award rather than a market purchase, and does not by itself signal a buy or sell decision by the insider. The late filing may be a reporting timing issue and can be noted by investors monitoring regulatory compliance.