Tengwall Kyle 4

What Happened
Kyle Tengwall, Vice President, Marketing at Smith & Wesson Brands, had 7,721 shares of common stock withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $14.35 each, for a total of $110,796. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
• Shares withheld/disposed: 7,721 at $14.35 per share; total value ≈ $110,796.
• Shares owned after transaction: Not provided in the excerpt—see the full Form 4 for post-transaction beneficial ownership.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations associated with RSU vesting.
• Filing timeliness: Filing two days after the transaction appears to meet the standard Form 4 reporting window.

Context
This was a routine withholding to cover taxes on vested equity (a cashless settlement) rather than an open-market sale signaling a trade decision. Such withholding transactions reduce the insider’s share count but are standard administrative actions and do not necessarily indicate the insider’s view of the company.