Form 4: Stoneridge Director Carsten J Reinhardt Reports Stock Disposal
SEC Form 4 Filing
Director Carsten J Reinhardt disposed of 2,652 common shares of Stoneridge, Inc. on March 1, 2024, to cover tax obligations.
Summary
- On March 1, 2024, Carsten J Reinhardt, a director of Stoneridge, Inc., disposed of 2,652 common shares.
- The transaction was executed at a price of $17.66 per share.
- Following the transaction, Reinhardt directly owns 5,093 shares of Stoneridge, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock disposal, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are disposed of to cover tax obligations.
Stakeholder Impact
- The disposal of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: disposal of 2,652 common shares. |
| 04/09/2024 | Date of signature on the Form 4 filing. |
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