Form 4: Broadwind Director David P. Reiland Reports Acquisition of 18,382 Shares of Common Stock

Director David P. Reiland reports acquiring 18,382 shares of Broadwind, Inc. common stock on May 16, 2024, bringing his total holdings to 181,542 shares.

Summary

• On May 16, 2024, David P. Reiland, a director of Broadwind, Inc., acquired 18,382 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Reiland's total beneficial ownership of Broadwind common stock is 181,542 shares.
• This includes 12,165 restricted stock units vesting on May 25, 2024, and 18,382 restricted stock units vesting on May 16, 2025.
• Reiland also holds 8,403 shares of phantom stock under the Broadwind Energy, Inc. Deferred Compensation Plan, payable upon separation from service, death, or change-in-control.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The director acquiring shares is mildly positive, but it's a small transaction relative to the company's overall market capitalization.

Positives

• The acquisition of shares by a director could be interpreted as a positive signal about the director's confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates