Form 4: Broadwind, Inc. Executive Gilbert W. Mayo, Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gilbert W. Mayo, Jr., a Broadwind, Inc. executive, filed a Form 4 detailing changes in his beneficial ownership of company stock due to the vesting of restricted stock units and subsequent withholding of shares to cover tax obligations.
Summary
- On May 15, 2025, Gilbert W. Mayo, Jr., Pres. of Broadwind Ind. Solution, acquired 12,356 shares of Broadwind, Inc. common stock upon vesting of restricted stock units.
- On May 16, 2025, Mayo disposed of 1,089 shares of common stock at a price of $1.88 per share to satisfy withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Mayo directly owns 121,250 shares of Broadwind, Inc. common stock and indirectly owns 21,916 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative 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.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Acquisition of 12,356 shares of common stock due to vesting of restricted stock units. |
| 05/16/2025 | Disposal of 1,089 shares of common stock at $1.88 per share for withholding obligations. |
| 05/19/2025 | Date of Form 4 filing. |
| 05/25/2025 | Vesting date of 2,370 restricted stock units. |
| 05/25/2026 | Vesting date of 2,370 restricted stock units. |
| 05/16/2026 | Vesting date of 3,634 restricted stock units. |
| 05/16/2027 | Vesting date of 3,635 restricted stock units. |
| 05/15/2026 | Vesting date of 4,118 restricted stock units. |
| 05/15/2027 | Vesting date of 4,119 restricted stock units. |
| 05/15/2028 | Vesting date of 4,119 restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Broadwind, Inc., BWEN, Gilbert W. Mayo, Jr., Restricted Stock Units, Withholding Obligation, Insider Trading
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