HEI.NYSEHeico CORP

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

Sentiment:

SEC Form 4 Filing


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

  • Laurans A. Mendelson, a director, COB, and CEO of HEICO Corp, reported changes in his beneficial ownership of HEICO Corp stock on April 16, 2025.
  • The report details holdings of Common Stock and Class A Common Stock, both directly and indirectly through partnerships, a corporation, a 401(k), and a charitable foundation.
  • A gift of 72 shares of Common Stock was reported on April 15, 2025, at a price of $0.
  • 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 and 1,309,427 shares of Common Stock through partnerships, 191,440 shares of Class A Common Stock through a corporation, and shares through a 401(k) and a charitable foundation.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their holdings and transactions in the company's stock. It's typical for directors and officers to have both direct and indirect ownership through various investment vehicles.

Stakeholder Impact

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

Key Dates

DateDescription
04/15/2025Date of transaction (gift of Common Stock).
04/14/2025Date of plan statement for HEICO Corporation 401(k).
04/16/2025Date of signature on the Form 4 filing.

Keywords

HEICO Corp, Laurans A. Mendelson, beneficial ownership, Form 4, stock, securities, director, CEO

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.