Form 4: Broadwind, Inc. CEO Eric B. Blashford Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Eric B. Blashford, President and CEO of Broadwind, Inc., reports withholding shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 28, 2024, Eric B. Blashford, the President and CEO of Broadwind, Inc., had 4,794 shares of common stock withheld by the company to satisfy his withholding obligation in connection with the vesting of a prior restricted stock unit grant.
- The shares were withheld at a price of $4.42 per share.
- Following the transaction, Blashford directly owns 463,487 shares of Broadwind, Inc.
- Blashford also indirectly owns 27,575 shares through a 401(k) plan.
- The directly owned shares include restricted stock units that vest on various dates in 2025, 2026, and 2027.
Sentiment
Score: 5
Explanation: The Form 4 filing is a neutral event, reflecting routine executive compensation practices. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of share withholding transaction. |
| 05/30/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.