Form 4: HEICO Corp Director Mendelson Reports Changes in Beneficial Ownership

Laurans A. Mendelson, a director and CEO of HEICO Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.

Summary

• On March 4, 2025, Laurans A. Mendelson, a Director, COB, and CEO of HEICO Corp, reported changes in beneficial ownership of HEICO Corp stock.
• The report details holdings of Common Stock and Class A Common Stock held directly and indirectly through partnerships, a corporation, a 401(k), and a charitable foundation.
• Mendelson directly owns 929,984 shares of Common Stock and 16,587 shares of Class A Common Stock.
• Indirect holdings include 1,692,928 shares of Common Stock through a partnership, 1,309,427 shares of Common Stock through another partnership, and 191,440 shares of Class A Common Stock through a corporation.
• Additionally, Mendelson holds 1,577 shares of Common Stock and 1,849 shares of Class A Common Stock through a 401(k).
• The Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc. owns 77,670 shares of Common Stock and 571 shares of Class A Common Stock.
• A gift of 755 common stock shares was made on March 4, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. It is common for directors and officers to hold stock directly and indirectly through various entities.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates