Form 4: Stoneridge Inc. Director Paul J. Schlather Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Paul J. Schlather reports acquisition of 10,000 common shares and adjustments to holdings in trust and IRA.
Summary
- On March 10, 2025, Paul J. Schlather, a director of Stoneridge Inc., reported changes in his beneficial ownership of the company's common shares.
- He acquired 10,000 common shares.
- These shares were granted under the 2018 Amended and Restated Directors' Restricted Shares Plan and will no longer be subject to forfeiture risk on March 2, 2026.
- Following the transaction, Schlather directly owns 34,817 common shares.
- He also indirectly owns 76,714 shares through a trust and 62,500 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders may view the director's share acquisition as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Acquisition of 10,000 common shares. |
| 03/12/2025 | Date of signature on the report. |
| 03/02/2026 | Date when restricted common shares are no longer subject to forfeiture risk. |
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