Form 4: Broadwind, Inc. CEO Eric B. Blashford Reports Changes in Beneficial Ownership
SEC Form 4
Eric B. Blashford, President and CEO of Broadwind, Inc., reports acquisition and disposal of common stock related to vesting of performance restricted stock units.
Summary
- On February 26, 2025, Eric B. Blashford, the President and CEO of Broadwind, Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 146,094 shares of common stock at $0, and disposed of 69,511 shares at $1.57 to satisfy withholding obligations related to the vesting of performance restricted stock units.
- Following these transactions, Blashford directly owns 545,070 shares of Broadwind, Inc.
- He also indirectly owns 32,996 shares through a 401(k) plan.
- The reported transactions also involve restricted stock units that vest on various dates in the future.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
- The vesting of restricted stock units is part of the executive compensation plan, impacting employee benefits.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 02/28/2025 | Date of signature for the report. |
| 04/25/2025 | Vesting date for 19,922 restricted stock units. |
| 05/25/2025 | Vesting date for 11,808 restricted stock units. |
| 05/25/2026 | Vesting date for 11,808 restricted stock units. |
| 05/16/2025 | Vesting date for 18,198 restricted stock units. |
| 05/16/2026 | Vesting date for 18,199 restricted stock units. |
| 05/16/2027 | Vesting date for 18,199 restricted stock units. |
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