Form 4: Broadwind Executive Daniel E. Schueller Reports Share Transaction
SEC Form 4 Filing
Daniel E. Schueller, a Broadwind, Inc. executive, reported a transaction involving the withholding of shares to cover a withholding obligation related to vested restricted stock units.
Summary
- On May 7, 2024, Daniel E. Schueller, President of Broadwind Heavy Fab., had shares withheld to cover a withholding obligation related to the vesting of restricted stock units.
- A total of 939 shares of common stock were disposed of at a price of $2.17 per share to satisfy this obligation.
- Following the transaction, Schueller directly owns 134,426 shares of Broadwind, Inc.
- Schueller also indirectly owns 16,160 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard insider trading reporting. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of share ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: Shares withheld to cover withholding obligation. |
| 05/09/2024 | Date of report filing. |
| 05/25/2024 | 3,888 restricted stock units vest. |
| 04/25/2025 | 6,560 restricted stock units vest. |
| 05/25/2025 | 3,889 restricted stock units vest. |
| 05/25/2026 | 3,889 restricted stock units vest. |
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