Form 4: Gentex CTO Boosts Stake with Performance Share Awards

Gentex Chief Technology Officer Neil Boehm reported significant acquisitions of company common stock, including performance-based shares and vesting awards, alongside routine dispositions for tax and personal sales.

Summary

• Neil Boehm, Chief Technology Officer of Gentex Corp (GNTX), reported multiple transactions involving the company's common stock.
• On February 17, 2026, Boehm acquired 31,993 shares of Common Stock at a price of $0.00, which were performance-based shares granted as long-term incentives.
• Also on February 17, 2026, Boehm disposed of 14,160 shares at $24.89 and 3,608 shares at $24.89, both for tax withholding purposes.
• Additionally, on February 17, 2026, Boehm sold 8,916 shares at $24.82 and 2,332 shares at $24.82.
• On February 19, 2026, Boehm acquired 14,953 shares of Common Stock at a price of $0.00, which are scheduled to vest 100% three years from the grant award date.
• Following these transactions, Boehm's direct beneficial ownership of Common Stock increased to 73,904 shares.
• The filing also includes a Power of Attorney granted by Neil Boehm on August 20, 2020, authorizing Kevin Nash (CFO) and Scott Ryan (General Counsel) to execute Section 16 filings on his behalf.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as moderately positive. While there were sales, the significant acquisitions of performance-based and vesting shares at $0.00 result in a net increase in the CTO's beneficial ownership, signaling continued executive alignment and confidence.

Positives

• Acquisition of 31,993 performance-based shares at $0.00 indicates achievement of long-term incentive goals and aligns management interests with shareholders.
• Acquisition of an additional 14,953 shares at $0.00, vesting in three years, further increases the CTO's stake and long-term commitment to the company.
• The net increase in beneficial ownership demonstrates continued confidence in Gentex's future prospects by a key executive.

Negatives

• Disposition of 11,248 shares through sales reduces the CTO's direct equity stake in the company.

Risks

• Intentional misstatements or omissions of facts in the filing constitute Federal Criminal Violations under 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Future Outlook

The 14,953 shares acquired on February 19, 2026, are scheduled to vest 100% three years from their grant award date, indicating a future increase in fully vested shares for the reporting person.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider trading activity, providing transparency into how key executives and directors manage their holdings in the company. These transactions, involving both acquisitions through incentive plans and dispositions for tax and personal reasons, are common for executives receiving equity compensation.

Corporate Governance

Related Party Transactions

• The acquisition of 31,993 performance-based shares and 14,953 vesting shares at $0.00 represents equity compensation granted by Gentex Corporation to its Chief Technology Officer.
• The Power of Attorney arrangement between Neil Boehm and Gentex's CFO and General Counsel facilitates compliance with SEC regulations for insider transactions.

Stakeholder Impact

• Shareholders: May view the net increase in executive ownership as a positive signal of management's commitment and belief in the company's future.
• Employees: The performance-based awards demonstrate the company's incentive structure for key personnel.

Next Steps

• The 14,953 shares acquired on February 19, 2026, will vest 100% three years from their grant award date.

Key Dates

Keywords

GNTX, Gentex, Form 4, Insider Trading, Stock Transactions, Chief Technology Officer, Neil Boehm, Equity Awards, Performance Shares, Vesting