Form 4: Gentex Corp Director Brian C. Walker Reports Acquisition of 3,764 Shares
SEC Form 4 Filing
Director Brian C. Walker reported the acquisition of 3,764 shares of Gentex Corp common stock on May 16, 2024.
Summary
- On May 16, 2024, Brian C. Walker, a director of Gentex Corporation, acquired 3,764 shares of common stock.
- The shares were acquired at a price of $0.00.
- Following the transaction, Walker directly owns 24,205 shares of Gentex Corp.
- The acquired shares vest 100% one year from the grant award date.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition.
Positives
- The director's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 08/20/2020 | Date of Power of Attorney execution. |
| 05/16/2024 | Date of transaction: acquisition of shares. |
| 05/17/2024 | Date of Form 4 filing. |
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