Amy E. Sullivan - Mar 23, 2024 Form 4 Insider Report for KIRKLAND'S, INC (KIRK)

Signature
Carter R. Todd, Attorney-in-Fact for Amy E. Sullivan
Stock symbol
KIRK
Transactions as of
Mar 23, 2024
Transactions value $
-$3,894
Form type
4
Date filed
3/26/2024, 05:24 PM
Previous filing
Feb 5, 2024
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIRK Common Stock Tax liability -$2.51K -988 -0.93% $2.54 105K Mar 23, 2024 Direct F1
transaction KIRK Common Stock Tax liability -$1.38K -545 -0.52% $2.54 105K Mar 24, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy the reporting person's tax withholding obligation with respect to the 3,331 restricted stock units that vested on March 23, 2024. The reporting person retained the remaining shares.
F2 Represents shares withheld to satisfy the reporting person's tax withholding obligation with respect to the 1,837 restricted stock units that vested on March 24, 2024. The reporting person retained the remaining shares.