Form 4: Alan Schriesheim Executes Stock Option and Disposes Shares in HEICO CORP
SEC Form 4
Director Alan Schriesheim exercised stock options and disposed of shares of HEICO CORP on August 29, 2024.
Summary
- On August 29, 2024, Alan Schriesheim, a director of HEICO CORP, executed stock options to acquire 32,500 shares of common stock at a price of $0.5713 per share.
- Following the transaction, Schriesheim directly owns 174,154 shares of common stock.
- Schriesheim also indirectly owns shares through a 409A plan, the estate of a deceased spouse, and other means.
- Additionally, Schriesheim disposed of 73 shares at $255.02.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of earliest transaction: stock option exercise and share disposal. |
| 08/30/2024 | Date of signature for the Form 4 filing. |
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