Fox Mark A 4
Research Summary
AI-generated summary
C&F Financial (CFFI) CEO Mark A. Fox Withholds 278 Shares for Taxes
What Happened
Mark A. Fox, President and CEO of C&F Mortgage (C&F Financial Corp. insider), had 278 shares withheld to satisfy tax withholding obligations related to a stock-based award or option exercise. The shares were valued at $72.82 each, totaling approximately $20,244. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-03-01 (reported on Form 4 filed 2026-03-02).
- Price per share: $72.82; shares withheld/disposed: 278; total value ≈ $20,244.
- Transaction code: F — payment of exercise price or tax liability via delivery/withholding of shares.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: reported the next day (no late filing indicated in the document).
Context
Code F transactions commonly reflect tax withholding after the exercise of options or vesting of stock awards. These withheld shares are used to cover tax obligations and are routine administrative actions, not an indicator that the insider sold shares on the open market or a directional signal about the insider’s view of the company.