Form 4: HEICO Corp Director Mendelson Reports Share Transactions
SEC Form 4 Filing
Laurans A. Mendelson, a director and CEO of HEICO Corp, reports a transaction involving common stock and updates beneficial ownership.
Summary
- On January 22, 2025, Laurans A. Mendelson, a Director, COB, and CEO of HEICO Corp, reported a transaction.
- The transaction involved common stock, with 922 shares disposed of at a price of $0.
- Following the transaction, Mendelson directly owns 929,984 shares of common stock and 16,587 shares of Class A common stock.
- Mendelson also indirectly owns shares through various entities, including partnerships, a corporation, a 401(k) plan, and a charitable foundation.
- The total indirect ownership includes 1,692,928 shares of common stock owned by Partnership (1), 1,309,427 shares of common stock owned by Partnership (2), 191,440 shares of Class A Common Stock owned by Corporation (3), 1,577 shares of common stock and 1,849 shares of Class A Common Stock held by 401(k) (4), and 78,425 shares of common stock and 571 shares of Class A Common Stock owned by Charitable Foundation (5).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't convey any particular sentiment, positive or negative, about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 01/22/2025 | Date of transaction |
| 01/23/2025 | Date of signature |
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