Form 4: Gentex Director Kathleen Starkoff Acquires Shares Via Stock Award
SEC Form 4
Director Kathleen Starkoff acquired 3,764 shares of Gentex Corporation common stock through a stock award that vests in one year.
Summary
- On May 16, 2024, Kathleen Starkoff, a director of Gentex Corporation, acquired 3,764 shares of common stock.
- The acquisition was a result of a stock award.
- These shares vest 100% one year from the grant award date.
- Following the transaction, Starkoff directly owns 25,205 shares of Gentex Corporation.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition could be seen as a positive signal, but it's a standard part of executive compensation.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| August 20, 2020 | Date of execution of the Power of Attorney. |
| May 16, 2024 | Date of transaction: Kathleen Starkoff acquired shares of Gentex Corp. |
| May 17, 2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.