Visser Chris K. 4

What Happened

• Chris K. Visser, Chief Legal Officer and Secretary of Zumiez Inc. (ZUMZ), received stock awards on March 16, 2026. The filing shows two acquisitions: 11,510 shares (restricted stock) and a 22,624-share derivative award (total 34,134 shares) recorded at $0.00.
• On March 17, 2026, 1,382 shares were disposed (withheld) at $21.51 per share to satisfy tax withholding obligations, generating proceeds of approximately $29,727. The awards include vesting schedules (see footnotes).

Key Details

• Transaction dates and prices:
  • 2026-03-16: Award/acquisition — 11,510 shares @ $0.00 (restricted stock).
  • 2026-03-16: Award/acquisition (derivative) — 22,624 shares @ $0.00.
  • 2026-03-17: Tax withholding/disposition — 1,382 shares @ $21.51 = $29,727.
• Shares owned after the transaction: not specified in the provided filing excerpts.
• Notable footnotes:
  • F1: The 11,510 shares represent restricted stock that vests over 3 years.
  • F2: The shares total includes 3,893 shares acquired through the Zumiez Employee Stock Purchase Plan (ESPP).
  • F3: The 1,382-share disposition reflects shares withheld by Zumiez to pay taxes on the restricted stock.
  • F4: Options related to a grant (if applicable) vest over a 4-year period in equal annual installments.
• Filing timeliness: Form 4 was filed on 2026-03-18 for transactions dated 2026-03-16–17 (filed within the standard 2-business-day window).

Context

• The primary activity is receipt of equity awards (an acquisition), which are compensation-related and typically subject to vesting — not an open-market purchase. The one disposition was a tax-related withholding, not an independent sale into the market.
• For retail investors, awards and vesting schedules show potential future insider exposure to company stock but do not, by themselves, indicate deliberate buying or selling for investment reasons.