Form 4: Stoneridge CFO Matthew Horvath Reports Share Transactions
SEC Form 4
Matthew Horvath, CFO of Stoneridge, Inc., reports the acquisition and disposal of common shares and share units on March 3, 2025.
Summary
- On March 3, 2025, Matthew R. Horvath, Chief Financial Officer of Stoneridge, Inc., reported transactions involving the company's common shares.
- Horvath acquired 6,423 common shares at $0 via share units.
- He also disposed of 3,140 common shares at $5.47.
- Following these transactions, Horvath beneficially owns 13,888 common shares.
- Additionally, Horvath holds 21,715 share units and 29,103 phantom shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.
Future Outlook
The phantom shares will be paid in cash equal to the fair market value of one Company Common Share if the Reporting Person remains employed on June 20, 2025.
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.
Stakeholder Impact
- The transactions may provide stakeholders with insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/14/2022 | 6,423 Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan |
| 09/01/2021 | Date of EX-24_horvath09012021.htm exhibit |
| 03/03/2025 | Date of earliest transaction: Acquisition and disposal of common shares and share units. |
| 03/03/2025 | Share Units paid on a one-for-one basis in Company common shares. |
| 03/05/2025 | Date of signature by power of attorney. |
| 06/20/2025 | Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan will be paid in cash if the Reporting Person remains employed. |
| 06/20/2025 | Expiration date of Phantom Shares. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.