Form 4: Broadwind, Inc. CEO Eric B. Blashford Reports Stock Transactions
SEC Form 4 Filing
Eric B. Blashford, President and CEO of Broadwind, Inc., reports acquisition and disposal of common stock, including shares withheld for tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2025, Eric B. Blashford acquired 61,875 shares of Broadwind, Inc. common stock at $0.
- On May 16, 2025, he disposed of 5,165 shares at $1.88 to satisfy withholding obligations related to vesting restricted stock units.
- Following these transactions, Blashford directly owns 596,126 shares and indirectly owns 32,996 shares through a 401(k) plan.
- The directly held shares include restricted stock units vesting in installments on various dates in 2025, 2026, 2027 and 2028.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions related to stock vesting and tax obligations, without indicating a strong positive or negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Comparison to Industry Standards
- Comparing Broadwind's insider trading activity to companies like Vestas or Siemens Gamesa in the wind energy sector could provide context.
- However, without additional data on overall insider sentiment and trading volumes across these companies, it's difficult to draw definitive conclusions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they reflect insider activity related to compensation and tax obligations.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Eric B. Blashford acquired 61,875 shares of Broadwind, Inc. common stock. |
| 05/16/2025 | Eric B. Blashford disposed of 5,165 shares of common stock at $1.88 per share. |
| 05/19/2025 | Date of signature by Attorney-in-Fact. |
| 05/25/2025 | Vesting date for 11,808 restricted stock units. |
| 05/25/2026 | Vesting date for 11,808 restricted stock units. |
| 05/16/2026 | Vesting date for 18,199 restricted stock units. |
| 05/15/2026 | Vesting date for 20,625 restricted stock units. |
| 05/16/2027 | Vesting date for 18,199 restricted stock units. |
| 05/15/2027 | Vesting date for 20,625 restricted stock units. |
| 05/15/2028 | Vesting date for 20,625 restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Broadwind, Blashford, BWEN
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