Form 4: Broadwind, Inc. Executive Thomas A. Ciccone Reports Acquisition of Shares
SEC Form 4 Filing
VP and CFO of Broadwind, Inc., Thomas A. Ciccone, reports acquiring 19,692 shares of common stock.
Summary
- On May 16, 2024, Thomas A. Ciccone, VP and CFO of Broadwind, Inc., acquired 19,692 shares of common stock.
- Following the transaction, Ciccone directly owns 68,847 shares of common stock.
- Ciccone also indirectly owns 12,104 shares through a 401(k) plan.
- The acquired shares include restricted stock units vesting over the next three years.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating an executive's stock acquisition, which can be seen as a positive sign but doesn't necessarily indicate a major shift in the company's prospects.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often viewed as a way to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of shares by an executive could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Thomas A. Ciccone acquired 19,692 shares of common stock. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
| 04/25/2025 | Vesting date for 3,938 restricted stock units. |
| 05/25/2024 | Vesting date for 4,197 restricted stock units. |
| 05/25/2025 | Vesting date for 4,197 restricted stock units. |
| 05/25/2026 | Vesting date for 4,197 restricted stock units. |
| 05/16/2025 | Vesting date for 6,564 restricted stock units. |
| 05/16/2026 | Vesting date for 6,564 restricted stock units. |
| 05/16/2027 | Vesting date for 6,564 restricted stock units. |
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