Form 4: Ingram Micro Holding Corp: Officer Hornstein Reports Acquisition of Restricted Stock Units

Carolyn Hornstein, SVP, Controller & CAO of Ingram Micro Holding Corp, reports the acquisition of restricted stock units and common stock, subject to a lock-up agreement.

Summary

• On March 3, 2025, Carolyn Hornstein, SVP, Controller & CAO of Ingram Micro Holding Corp, reported transactions involving the company's common stock.
• Hornstein acquired 4,348 shares of common stock through an award of restricted stock units (RSUs).
• These RSUs vest in three equal annual installments, starting on March 3, 2026, and ending on March 3, 2028.
• Each RSU represents the right to receive one share of common stock upon vesting.
• Hornstein also reported owning 29,316 shares of common stock following the reported transactions.
• The shares of common stock are subject to a lock-up agreement effective as of October 23, 2024, preventing sale for 180 days.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine transactions by a company officer. The acquisition of RSUs is generally a positive sign, but the lock-up agreement introduces a potential constraint.

Positives

• The acquisition of restricted stock units by a company officer can be seen as a positive sign, aligning the officer's interests with the long-term performance of the company.

Risks

• The lock-up agreement restricts the officer's ability to sell the shares for a specified period, which could be a disadvantage if the officer needs liquidity or anticipates a decline in the stock price.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the beneficial ownership of Ingram Micro Holding Corp's securities by one of its officers.

Stakeholder Impact

• The acquisition of RSUs by a company officer can potentially align the officer's interests with those of the shareholders, encouraging decisions that benefit the company's long-term performance.

Key Dates