Signet Jewelers (NYSE: SIG) reports RSU tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Signet Jewelers officer Joan M. Hilson reported a routine tax-withholding disposition related to vesting restricted stock units. On 1/3 of her March 26, 2024 RSU grant vesting, 1,293 common shares were withheld to cover taxes at an average price of $88.83 per share.
After this withholding, Hilson directly holds a total of 261,861.37 common shares, which includes 86,108.37 restricted stock units that remain subject to vesting and forfeiture provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hilson Joan M
Role
* See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, par value $0.18 | 1,293 | $88.83 | $115K |
Holdings After Transaction:
Common Shares, par value $0.18 — 261,861.37 shares (Direct)
Footnotes (1)
- Reflects the number of shares withheld for tax purposes upon vesting of 1/3 of the restricted stock units granted on March 26, 2024. Reflects the average of the high and low sale price of the common shares on the date of vest. Includes 86,108.37 restricted stock units which are subject to certain vesting and forfeiture provisions.
FAQ
What did Joan M. Hilson report in the latest Form 4 for SIG?
Joan M. Hilson reported that 1,293 Signet Jewelers common shares were withheld to cover taxes on vesting restricted stock units. This was a tax-withholding disposition tied to an equity award, not an open-market stock purchase or sale.
How many restricted stock units does Joan M. Hilson still have in SIG?
Hilson’s holdings include 86,108.37 restricted stock units in Signet Jewelers. These units are subject to specific vesting schedules and forfeiture provisions, meaning they convert into common shares over time if the vesting conditions are satisfied.