Form 4: HEICO Corp Director Adolfo Henriques Reports Stock Purchase
SEC Form 4 Filing
Director Adolfo Henriques reports purchasing 726 shares of HEICO Corp common stock at $262.9392 per share.
Summary
- On October 18, 2024, Adolfo Henriques, a director of HEICO Corp, purchased 726 shares of common stock at a price of $262.9392 per share.
- Following the transaction, Henriques directly owns 5,470 shares of common stock.
- Henriques also indirectly owns 23,393 shares of Class A Common Stock and 63 shares of Common Stock through the HEICO Corporation Leadership Compensation Plan (409A Plan).
- Additionally, Henriques indirectly owns 7,126 shares of Class A Common Stock through The Adolfo and Elizabeth Henriques 1998 Trust, of which he is the trustee and beneficiary along with his immediate family.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director, which can be interpreted as a slightly positive signal, but it's not a major event.
Positives
- The director's purchase of shares may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/18/2024 | Date of stock purchase transaction |
| 10/21/2024 | Date of signature on the Form 4 filing |
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