Form 4: HEICO Co-CEO Victor Mendelson Reports Gifting of Class A Common Stock

HEICO Corporation Co-CEO Victor H. Mendelson reported gifting a total of 4,627 shares of Class A Common Stock across two transactions in late June 2025, as detailed in a recent SEC Form 4 filing.

Summary

• Victor H. Mendelson, Co-CEO, Director, and a 10% owner of HEICO Corp (HEI, HEI.A), filed a Form 4 statement regarding changes in beneficial ownership.
• On June 23, 2025, 1,440 shares of Class A Common Stock were disposed of via gift (transaction code 'G') at a price of $0.
• On June 30, 2025, an additional 3,187 shares of Class A Common Stock were disposed of via gift (transaction code 'G') at a price of $0.
• Following these transactions, direct beneficial ownership includes 1,234,950 shares of Common Stock and 217,895 shares of Class A Common Stock.
• Indirect beneficial ownership is held through various entities including Mendelson International Corporation (191,440 Class A Common Stock), VHM Management Limited Partners (172,515 Common Stock), custodian accounts for children (4,762 Common Stock, 19,136 Class A Common Stock), 401(k) accounts (93,097 Common Stock, 88,323 Class A Common Stock), Keogh Accounts (921 Common Stock, 16,133 Class A Common Stock), trusts for immediate family (568,140 Common Stock, 137,199 Class A Common Stock), the Victor H. Mendelson Revocable Investment Trust (28,806 Common Stock, 8,465 Class A Common Stock), and a 409A Plan (4,072 Common Stock).

Sentiment

Score: 5

Explanation: Neutral. The document is a factual report of insider stock transactions (gifts), which are typically personal financial planning events and do not inherently reflect positive or negative sentiment about the company's operational performance or future prospects.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, which is a report of insider stock transactions.

Industry Context

This filing details a routine insider transaction (gifting of shares) by a Co-CEO and 10% owner of HEICO Corporation. Such transactions are typically personal financial planning events and do not inherently reflect broader industry trends or competitive dynamics.

Related Party Transactions

• Gifts of shares by the Reporting Person to trusts for the benefit of the Reporting Person's immediate family members, where the Reporting Person also serves as Trustee.

Stakeholder Impact

• Shareholders: Minimal impact, as the gifted shares represent a small fraction of the company's total outstanding shares and are part of personal estate planning.
• Employees, Customers, Suppliers, Creditors: No direct or material impact from this insider transaction.

Key Dates

Keywords

HEICO Corp, HEI, HEI.A, Victor H. Mendelson, SEC Form 4, Insider Transaction, Beneficial Ownership, Stock Gift, Class A Common Stock, Common Stock, Co-CEO, Director, 10% Owner