Form 4: Big 5 Sporting Goods Executive Sells Shares to Cover Tax Obligations

Ian R. Landgreen, EVP and General Counsel of Big 5 Sporting Goods Corp., disposed of 872 shares of common stock to satisfy tax withholding obligations related to restricted stock vesting.

Summary

• Ian R. Landgreen, the Executive Vice President and General Counsel of Big 5 Sporting Goods Corp. (BGFV), reported a transaction on a Form 4 filing.
• The transaction involved the disposition of 872 shares of Big 5 Sporting Goods Common Stock, par value $0.01.
• The disposition was made at a price of $1.24 per share.
• The purpose of this disposition was to cover tax withholding obligations in connection with the vesting of previously granted restricted stock.
• Following this transaction, Mr. Landgreen beneficially owns 44,612 shares of common stock.
• The earliest transaction date reported was June 8, 2025, with a deemed execution date of June 13, 2025, which is when the number of shares to be withheld was determined.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations related to restricted stock vesting, which is a common and expected event for executive compensation and does not indicate a positive or negative sentiment towards the company's performance or outlook.

Future Outlook

This SEC Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This document reports a routine insider transaction related to executive compensation and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Minimal direct impact on shareholders as it's a routine tax-related transaction by an executive.

Key Dates

Keywords

Big 5 Sporting Goods, BGFV, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Ian Landgreen