Form 4: HEICO Co-CEO Victor Mendelson Buys $165K in Class A Stock

HEICO's Co-CEO Victor H. Mendelson acquired 676 shares of Class A Common Stock for approximately $165,000, signaling strong executive confidence.

Summary

• Victor H. Mendelson, Co-COB and Co-CEO of HEICO Corp, a Director, and a member of a 10% owner group, reported a transaction.
• On October 10, 2025, Mendelson acquired 676 shares of HEICO Class A Common Stock.
• The shares were purchased at a price of $243.934 per share, totaling approximately $164,868.82.
• This transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Mendelson's beneficial ownership includes a significant number of shares held directly and indirectly through various entities and trusts.
• Direct ownership includes 1,234,950 shares of Common Stock and 218,571 shares of Class A Common Stock.
• Indirect ownership includes shares held by Mendelson International Corporation (191,440 Class A Common Stock), VHM Management Limited Partners (172,515 Common Stock), as custodian for children (4,762 Common Stock, 19,136 Class A Common Stock), by 401(k) (93,135 Common Stock, 88,368 Class A Common Stock), by Keogh Account (921 Common Stock, 16,133 Class A Common Stock), by various Trusts (568,140 Common Stock, 137,199 Class A Common Stock, 28,806 Common Stock, 8,465 Class A Common Stock), and by a 409A Plan (4,072 Common Stock).

Sentiment

Score: 8

Explanation: The acquisition of shares by a Co-CEO and Co-COB, especially under a 10b5-1 plan, generally indicates sustained executive confidence in the company's long-term prospects and is a positive signal for investors.

Positives

• A high-ranking insider, the Co-CEO and Co-COB, increasing their stake in the company signals strong confidence in HEICO's future performance and valuation.
• The purchase of 676 Class A Common Stock shares at $243.934 per share represents a direct financial commitment by a key executive.

Stakeholder Impact

• Shareholders: The insider purchase by a key executive may instill greater confidence among existing and potential shareholders, potentially leading to positive sentiment and increased demand for the stock.

Key Dates

Recommendation

The purchase of company stock by a Co-CEO and Co-COB, particularly when executed under a Rule 10b5-1 plan, signals strong and sustained confidence in the company's valuation and future performance. This insider buying activity suggests that management believes the stock is a good investment at current prices, which is a positive indicator for investors. While the transaction was pre-planned, the decision to maintain or execute such a plan reflects a positive outlook.

Keywords

HEICO Corp, HEI, HEI.A, Insider Trading, Form 4, Stock Purchase, Executive Stock Acquisition, Victor H. Mendelson, Rule 10b5-1 Plan