Form 4: Broadwind Inc. Executive Gilbert W. Mayo, Jr. Reports Share Withholding for Tax Obligations

Gilbert W. Mayo, Jr., a Broadwind Inc. executive, reports withholding shares to cover tax obligations related to vesting restricted stock units.

Summary

• On April 25, 2025, Gilbert W. Mayo, Jr., President of Broadwind Industrial Solutions, reported a transaction involving Broadwind, Inc. common stock.
• Mayo withheld 1,193 shares to satisfy a withholding obligation related to the vesting of previously reported restricted stock units, at a price of $1.49 per share.
• Following the transaction, Mayo directly owns 109,983 shares of Broadwind, Inc. common stock, which includes restricted stock units vesting in the future.
• He also indirectly owns 21,916 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The document outlines the vesting schedule for Mayo's restricted stock units, indicating future equity compensation.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, providing transparency to investors regarding the holdings and transactions of company executives. It is a standard practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The information disclosed is consistent with regulatory requirements for reporting changes in beneficial ownership.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine share withholding for tax purposes.

Key Dates

Keywords

Form 4, Beneficial Ownership, Broadwind Inc., BWEN, Gilbert W. Mayo Jr., Restricted Stock Units, Share Withholding, Insider Transaction