Amy E. Sullivan - 06 Apr 2024 Form 4 Insider Report for KIRKLAND'S, INC (KIRK)

Signature
Carter R. Todd, Attorney-in-Fact for Amy E. Sullivan
Issuer symbol
KIRK
Transactions as of
06 Apr 2024
Net transactions value
-$8,830
Form type
4
Filing time
09 Apr 2024, 17:02:34 UTC
Previous filing
29 Mar 2024
Next filing
25 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIRK Common Stock Tax liability $8,830 -3,890 -2.6% $2.27 145,496 06 Apr 2024 Direct F1
* 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 13,298 restricted stock units that vested on April 6, 2024. The reporting person retained the remaining shares.