Form 4: Stoneridge Inc. Director Carsten J Reinhardt Reports Acquisition of 10,000 Common Shares
SEC Form 4 Filing
Director Carsten J Reinhardt reports acquiring 10,000 common shares of Stoneridge Inc. through a grant, increasing his total holdings to 23,215 shares.
Summary
- On March 10, 2025, Carsten J Reinhardt, a director of Stoneridge Inc., acquired 10,000 common shares of the company.
- The acquisition was a grant of restricted common shares under the 2018 Amended and Restated Directors' Restricted Shares Plan.
- The shares were acquired at a price of $0.
- Following the transaction, Reinhardt's total beneficial ownership of Stoneridge Inc. common shares increased to 23,215 shares.
- The restricted common shares are no longer subject to substantial risk of forfeiture on March 2, 2026.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. The director's acquisition is a slightly positive signal, but not significantly impactful.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| 02/22/2023 | Date of power of attorney document. |
| 03/10/2025 | Date of transaction: acquisition of 10,000 common shares. |
| 03/12/2025 | Date of signature for the SEC Form 4 filing. |
| 03/02/2026 | Date when restricted common shares are no longer subject to substantial risk of forfeiture. |
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