Champion Homes (SKY) EVP settles tax with 606 shares at $72.54
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Champion Homes, Inc. executive Joseph A. Kimmell, EVP of Operations, reported a tax-withholding disposition of 606 shares of Common Stock at $72.54 per share. These shares were withheld to cover tax obligations and were not sold in an open-market trade. After this transaction, Kimmell directly holds 44,040 shares of Champion Homes common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KIMMELL JOSEPH A.
Role
EVP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 606 | $72.54 | $44K |
Holdings After Transaction:
Common Stock — 44,040 shares (Direct)
Footnotes (1)
Key Figures
Tax-withholding shares: 606 shares
Share value: $72.54 per share
Shares after transaction: 44,040 shares
3 metrics
Tax-withholding shares
606 shares
Common Stock used for tax-withholding disposition
Share value
$72.54 per share
Valuation for tax-withholding disposition
Shares after transaction
44,040 shares
Direct holdings following Form 4 transaction
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 terms
tax-withholding disposition financial
"reported a tax-withholding disposition of 606 shares of Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"606 shares of Common Stock at $72.54 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"EVP of Operations Joseph A. Kimmell reported on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SKY executive Joseph Kimmell report on this Form 4?
EVP of Operations Joseph A. Kimmell reported a tax-withholding disposition of 606 shares of Champion Homes, Inc. (SKY) common stock. The shares were delivered to satisfy tax obligations, not sold in an open-market transaction, and reflect routine compensation-related activity.
Was Joseph Kimmell’s SKY Form 4 transaction an open-market sale or purchase?
The Form 4 shows a tax-withholding disposition, not an open-market sale or purchase, for Champion Homes, Inc. (SKY). Shares were delivered to satisfy tax liabilities associated with equity compensation, which is typically treated as routine, non-discretionary activity by company insiders.
What does transaction code F mean in Joseph Kimmell’s SKY Form 4 filing?
Transaction code F in the Form 4 for Champion Homes, Inc. (SKY) indicates payment of tax liability by delivering securities. In this case, 606 common shares were used to cover taxes tied to compensation, rather than reflecting a standard buy or sell decision in the market.