Kasowski Paul Joseph 4
Research Summary
AI-generated summary
Outdoor Holding (POWW) CFO Paul Kasowski Receives 25,000-Share Award
What Happened
- Paul Joseph Kasowski, Chief Financial Officer of Outdoor Holding Co. (POWW), was granted 25,000 shares of common stock on May 15, 2026 as part of his compensation (25,000 shares × $1.94 = $48,500). To satisfy tax withholding obligations, the issuer withheld 6,088 of those shares (6,088 × $1.94 ≈ $11,811), so the net shares retained by Kasowski from this grant were 18,912, with a net value of about $36,689. These entries are reported on the Form 4 filed May 19, 2026.
Key Details
- Transaction date(s) and prices:
- 2026-05-15: Award/Grant (Code A) — 25,000 shares @ $1.94 (total $48,500).
- 2026-05-15: Tax withholding (Code F) — 6,088 shares withheld @ $1.94 (value ≈ $11,811).
- Net shares retained from the grant: 25,000 − 6,088 = 18,912 shares (net value ≈ $36,689).
- Shares owned after transaction: Not specified in the reported Form 4.
- Footnotes: F1 notes the 25,000-share grant is the quarterly portion of his annual compensation as CFO; F2 confirms the 6,088 shares were withheld to satisfy tax withholding.
- Filing timeliness: Form 4 was filed on 2026-05-19 for a 2026-05-15 transaction — filed within the SEC’s two-business-day requirement (timely).
Context
- This was a compensation grant and internal tax withholding (not an open-market buy or sale). Such grants are typically routine compensation rather than direct signals of insider market views. The tax withholding was handled by share retention (a cashless method), reducing the net shares actually delivered to the executive.