Form 4: HEICO Corp Director Alan Schriesheim Reports Share Disposal

Director Alan Schriesheim of HEICO Corp reported the disposal of 100 common shares on November 25, 2024.

Summary

• Alan Schriesheim, a director at HEICO Corp, filed a Form 4 indicating a change in beneficial ownership.
• The transaction involved the disposal of 100 common shares on November 25, 2024.
• The shares were disposed of at a price of $0, likely indicating a gift or transfer.
• Following the transaction, Mr. Schriesheim directly owns 174,778 common shares.
• He also indirectly owns 11,333 common shares and 6,416 Class A common shares through the HEICO Corporation Leadership Compensation Plan (409A Plan).
• Additionally, he indirectly owns 10,488 Class A common shares through the estate of his deceased spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any significant positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
• The reporting of indirect ownership through compensation plans and estates is also typical.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposal of shares by a director.

Key Dates

Keywords

HEICO Corp, Alan Schriesheim, Form 4, Beneficial Ownership, Share Disposal, Director, Common Stock, 409A Plan