Form 4: Stoneridge Director Ira C. Kaplan Reports Changes in Beneficial Ownership

Director Ira C. Kaplan reports acquisition of restricted shares and a transfer of common shares into a trust, altering the nature of beneficial ownership.

Summary

• On March 10, 2025, Director Ira C. Kaplan reported changes in beneficial ownership of Stoneridge Inc. shares.
• Kaplan acquired 10,000 restricted common shares, granted under the 2018 Amended and Restated Directors' Restricted Shares Plan, at a price of $0.
• These restricted shares will no longer be subject to substantial risk of forfeiture on March 2, 2026.
• Kaplan also transferred 7,745 Company Common Shares into his trust on or about March 28, 2024, changing the nature of his beneficial ownership from direct to indirect.
• Following these transactions, Kaplan directly owns 18,122 common shares and indirectly owns 86,924 common shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Positives

• The acquisition of 10,000 restricted shares indicates continued alignment of the director's interests with the company's long-term performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates