Form 4: Gentex Corp Director Exercises Stock Options
SEC Form 4
Richard O Schaum, a director of Gentex Corp, exercised stock options on May 1, 2025, acquiring 7,000 shares of common stock at a price of $17.46.
Summary
- On May 1, 2025, Richard O Schaum, a director at Gentex Corp (GNTX), exercised stock options.
- This transaction involved the acquisition of 7,000 shares of common stock at a price of $17.46 per share.
- Following the transaction, Schaum directly owns 73,319 shares of Gentex Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. A director exercising options is neither particularly positive nor negative on its own.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and legal, but closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a routine exercise of stock options.
Key Dates
| Date | Description |
|---|---|
| 2020/08/20 | Date of Power of Attorney execution, authorizing Kevin Nash and Scott Ryan to act on Richard O Schaum's behalf for SEC filings. |
| 2015/11/21 | Date exercisable for Non-Employee Director Stock Option Grant |
| 2025/05/01 | Date of transaction: Richard O Schaum exercised stock options. |
| 2025/05/01 | Expiration date for Non-Employee Director Stock Option Grant |
| 2025/05/02 | Date of signature for the Form 4 filing. |
Keywords
Form 4, GNTX, Gentex Corp, Director, Stock Options, Richard O Schaum, Beneficial Ownership
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