Form 4: HEICO Corp Director Laurans A. Mendelson Reports Changes in Beneficial Ownership
SEC Form 4
Laurans A. Mendelson, COB and CEO of HEICO Corp, reports a gift transaction and updates to his beneficial ownership of HEICO stock.
Summary
- Laurans A. Mendelson, a director, 10% owner, COB, and CEO of HEICO Corp, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates a gift of 133 Class A Common Stock shares on July 26, 2024.
- The filing also reflects the total securities beneficially owned following the reported transaction, including direct and indirect holdings.
- Mendelson's direct holdings include 929,259 shares of Common Stock and 16,587 shares of Class A Common Stock.
- Indirect holdings are through partnerships, a corporation, a 401(k), and a charitable foundation.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of HEICO Corporation 401(k) plan statement used for reporting shares held for the benefit of the Reporting Person. |
| 07/26/2024 | Date of the gift transaction of 133 Class A Common Stock shares. |
| 07/26/2024 | Date of the Form 4 filing. |
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