Form 4: Ingram Micro Executive Augusto Aragone Reports Share Transactions

Executive VP, Secretary & GC Augusto Aragone reports acquisition of shares through restricted stock units and subsequent disposal to cover tax obligations.

Summary

• Augusto Aragone, Executive VP, Secretary & GC of Ingram Micro Holding Corp, reported transactions involving the company's common stock.
• On October 23, 2024, Aragone received a grant of 172,209 restricted stock units (RSUs), with 103,325 vesting the following day.
• The remaining RSUs vest in three equal annual installments starting October 23, 2025, and ending October 23, 2027, or earlier upon achieving specific milestones.
• Each RSU represents the right to receive one share of Common Stock upon vesting.
• 43,584 shares were withheld on October 24, 2024, to satisfy tax withholding obligations related to the vesting of RSUs.
• Aragone is subject to a lock-up agreement preventing the sale of these shares for 180 days from October 23, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Risks

• The lock-up agreement restricts Aragone's ability to sell the shares for 180 days, potentially limiting his financial flexibility.

Future Outlook

The remaining RSUs will vest in three equal annual installments, beginning on 10/23/2025 and ending on 10/23/2027, or, if earlier, upon the achievement of specified milestones as set forth in the applicable award agreement.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.

Key Dates