Form 4: Heico Corp Director Alan Schriesheim Executes Stock Options and Disposes of Shares

Director Alan Schriesheim exercised options to acquire 32,500 shares of Heico Corp common stock at $0.5713 per share and disposed of 81 shares to cover tax obligations.

Summary

• On January 6, 2025, Alan Schriesheim, a director of HEICO Corp, exercised options to purchase 32,500 shares of common stock at a price of $0.5713 per share.
• Following the exercise, Schriesheim disposed of 81 shares of common stock at a price of $229.6 to satisfy tax obligations.
• After these transactions, Schriesheim directly owns 207,197 shares of common stock.
• He also indirectly owns 11,333 shares of common stock and 6,416 shares of Class A common stock through the HEICO Corporation Leadership Compensation Plan (409A Plan).
• Additionally, he indirectly owns 10,488 shares of Class A common stock through the estate of his deceased spouse.
• Schriesheim directly holds options to purchase 893 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment. It reflects routine financial activity.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors. It's common for executives to exercise stock options and sell a portion of the acquired shares to cover taxes.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates