Form 4: Stoneridge Inc. CEO James Zizelman Reports Share Transactions
SEC Form 4 Filing
James Zizelman, President and CEO of Stoneridge Inc., reports the acquisition and disposal of common shares related to share units.
Summary
- James Zizelman, the President and CEO of Stoneridge Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 3, 2025, Zizelman acquired 11,035 common shares upon the vesting of share units granted on March 14, 2022, under the company's Long-Term Incentive Plan.
- Also on March 3, 2025, Zizelman disposed of 4,927 common shares to cover tax obligations at a price of $5.47 per share.
- Following these transactions, Zizelman directly owns 19,695 common shares and indirectly owns 6,500 common shares through a trust, and holds 56,186 derivative securities in the form of share units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 04/02/2020 | Date of power of attorney document EX-24_zizelman04022020.htm |
| 03/14/2022 | Reporting Person was granted 11,035 Share Units pursuant to the Company's Long-Term Incentive Plan |
| 03/03/2025 | Date of transactions: acquisition of 11,035 shares and disposal of 4,927 shares. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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.