Form 4: Broadwind, Inc. Executive Hayes M. Kennedy Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Hayes M. Kennedy, Chief Human Resources Officer of Broadwind, Inc., reports the disposition of 1,285 shares of common stock to cover withholding obligations related to vesting restricted stock units.
Summary
- On April 25, 2024, Hayes M. Kennedy, the Chief Human Resources Officer of Broadwind, Inc., disposed of 1,285 shares of common stock to satisfy withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $2.08 per share.
- Following the transaction, Kennedy directly owns 31,440 shares of Broadwind, Inc. common stock and indirectly owns 9,615 shares through a 401(k) plan.
- The directly owned shares include restricted stock units that vest on various dates in the future.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of transaction: Disposition of 1,285 shares of common stock. |
| 04/29/2024 | Date of signature for the Form 4 filing. |
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