Form 4: HEICO Executive Chairman Laurans Mendelson Reports Charitable Stock Gifts

HEICO Corporation's Executive Chairman, Laurans A. Mendelson, filed a Form 4 detailing the gifting of Common Stock and Class A Common Stock to a charitable foundation.

Summary

• Laurans A. Mendelson, Executive Chairman and Director of HEICO Corp, reported changes in his beneficial ownership of company securities.
• On June 5, 2025, Mr. Mendelson disposed of 470 shares of Common Stock and 571 shares of Class A Common Stock through gifts (transaction code 'G') at a price of $0 per share.
• These gifted shares were transferred to the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc., a non-profit charitable corporation.
• Following these transactions, Mr. Mendelson directly owns 929,984 shares of Common Stock and 16,587 shares of Class A Common Stock.
• Indirect beneficial ownership includes 1,692,928 shares of Common Stock through LAM Limited Partners, 1,309,427 shares of Common Stock through LAM Alpha Limited Partners, 191,440 shares of Class A Common Stock through Mendelson International Corporation (beneficial ownership disclaimed), 1,615 shares of Common Stock and 1,887 shares of Class A Common Stock via the HEICO Corporation 401(k), and 76,918 shares of Common Stock through the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc.

Sentiment

Score: 5

Explanation: The document is a routine insider ownership filing reporting charitable gifts, which is neutral in terms of company performance or outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding HEICO Corporation's future financial performance or strategic outlook.

Industry Context

This filing is a routine insider ownership disclosure and does not provide information relevant to broader industry trends or competitive dynamics within the aerospace and defense or electronics sectors where HEICO operates.

Related Party Transactions

• Indirect ownership of Common Stock through LAM Limited Partners, a partnership whose sole general partner is a corporation controlled by Arlene Mendelson, the wife of the Reporting Person.
• Indirect ownership of Common Stock through LAM Alpha Limited Partners, a partnership whose sole general partner is a corporation controlled by the Reporting Person.
• Indirect ownership of Class A Common Stock through Mendelson International Corporation, a corporation of which the Reporting Person is the Chairman of the Board (Reporting Person disclaims beneficial ownership of these securities).
• Indirect ownership of Common Stock and Class A Common Stock through the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc., a non-profit Charitable Corporation, which received the gifted shares.

Stakeholder Impact

• Shareholders: Minimal direct impact as the transactions involve a relatively small number of shares gifted to a charitable foundation, not a sale into the open market. It reflects personal financial planning rather than a change in confidence in the company.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider ownership filing.

Key Dates

Keywords

HEICO Corporation, HEI, HEI.A, Form 4, Insider Trading, Stock Ownership, Laurans A. Mendelson, Executive Chairman, Beneficial Ownership, Charitable Gift