Form 4: Stoneridge Director Ira C. Kaplan Reports Changes in Beneficial Ownership
SEC Form 4
Director Ira C. Kaplan reports changes in beneficial ownership of Stoneridge Inc. shares, including the vesting of restricted shares and a transfer of shares into a trust.
Summary
- On May 13, 2025, Ira C. Kaplan, a director of Stoneridge Inc., reported changes in his beneficial ownership of the company's common shares.
- 16,194 restricted common shares were granted to Kaplan under the 2025 Long-Term Incentive Plan and are no longer subject to forfeiture as of May 13, 2025.
- Kaplan directly owns 26,194 common shares.
- On or about March 10, 2025, Kaplan transferred 8,122 common shares into his trust, changing the nature of ownership from direct to indirect.
- Kaplan indirectly owns 95,046 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 vesting of restricted shares indicates Kaplan's continued service and alignment with the company's long-term goals.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their holdings and transactions in the company's stock.
Stakeholder Impact
- The report provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| March 10, 2025 | Approximate date of transfer of 8,122 common shares into a trust. |
| May 13, 2025 | Date of earliest transaction and vesting of 16,194 restricted common shares. |
| May 15, 2025 | Date of signature on the report. |
| May 13, 2026 | Date the restricted common shares granted pursuant to the 2025 Long-Term Incentive Plan are no longer subject to substantial risk of forfeiture. |
Keywords
beneficial ownership, Stoneridge, director, Kaplan, shares, restricted stock, trust, SRI
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