Form 4: Broadwind, Inc. CEO Eric B. Blashford Reports Share Withholding for Tax Obligations

Eric B. Blashford, President and CEO of Broadwind, Inc., reports withholding shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 25, 2025, Eric B. Blashford, the President and CEO of Broadwind, Inc. (BWEN), had 5,654 shares of common stock withheld to satisfy a withholding obligation related to the vesting of previously granted restricted stock units.
• The shares were withheld at a price of $1.49 per share.
• Following the transaction, Blashford directly owns 539,416 shares of Broadwind, Inc. common stock.
• He also indirectly owns 32,996 shares through a 401(k) plan.
• The directly held shares include 23,616 restricted stock units vesting in two tranches on May 25, 2025 and May 25, 2026, and 54,596 restricted stock units vesting in three tranches on May 16, 2025, May 16, 2026 and May 16, 2027.

Sentiment

Score: 5

Explanation: This is a neutral report of an insider transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine disclosure related to insider transactions and is typical for executives receiving stock-based compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax liabilities on vested stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, BWEN, Broadwind, Inc., Eric B. Blashford, Restricted Stock Units, Share Withholding, Insider Transaction