Form 4: Broadwind, Inc. Executive Daniel E. Schueller Reports Changes in Beneficial Ownership
SEC Form 4
Daniel E. Schueller, President of Broadwind Heavy Fab, reports acquisition and disposal of Broadwind, Inc. stock on February 26, 2025, according to a Form 4 filing.
Summary
- On February 26, 2025, Daniel E. Schueller, President of Broadwind Heavy Fab at Broadwind, Inc., reported changes in his beneficial ownership of the company's stock.
- He acquired 48,106 shares of common stock at $0, and disposed of 23,257 shares at $1.57.
- These transactions resulted in a direct ownership of 170,298 shares and indirect ownership of 20,235 shares through a 401(k) plan.
- The disposal of shares was to satisfy withholding obligations related to the vesting of performance restricted stock units.
- The remaining shares include restricted stock units vesting at various dates in 2025, 2026 and 2027.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. The transactions appear to be related to vesting of stock options and tax obligations, rather than a strategic decision to buy or sell based on company performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock acquisition and disposal. |
| 02/28/2025 | Date of signature of the report. |
| 04/25/2025 | Vesting date for 6,560 restricted stock units. |
| 05/16/2025 | Vesting date for 6,022 restricted stock units. |
| 05/25/2025 | Vesting date for 3,889 restricted stock units. |
| 05/16/2026 | Vesting date for 6,023 restricted stock units. |
| 05/25/2026 | Vesting date for 3,889 restricted stock units. |
| 05/16/2027 | Vesting date for 6,023 restricted stock units. |
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