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 April 22, 2025, Laurans A. Mendelson, the COB and CEO of HEICO Corp, reported changes in his beneficial ownership of HEICO Corp stock.
• The report details transactions and holdings of common stock and Class A common stock.
• Mendelson directly owns 929,984 shares of common stock and 16,587 shares of Class A common stock.
• He also indirectly owns shares through partnerships, a corporation, a 401(k) plan, and a charitable foundation.
• Specifically, he indirectly owns 1,692,928 shares of common stock through LAM Limited Partners, 1,309,427 shares of common stock through LAM Alpha Limited Partners, and 191,440 shares of Class A common stock through Mendelson International Corporation.
• Additionally, he holds 1,593 shares of common stock and 1,866 shares of Class A common stock through the HEICO Corporation 401(k).
• He also owns 77,388 shares of common stock and 571 shares of Class A common stock through the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc.
• On April 22, 2025, Mendelson acquired 210 shares of common stock at a price of $0.
• The filing indicates that Mendelson's wife, Arlene Mendelson, controls the general partner of LAM Limited Partners, while Mendelson himself controls the general partner of LAM Alpha Limited Partners.
• Mendelson disclaims beneficial ownership of securities held by Mendelson International Corporation.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency regarding the holdings and transactions of key personnel, which can be relevant to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key executive.
• It can influence investor perception of management's confidence in the company.

Key Dates

Keywords

HEICO Corp, Laurans A. Mendelson, beneficial ownership, Form 4, insider trading, stock ownership, securities, common stock, Class A common stock