Form 4: Stoneridge Inc. Director Sheila M. Rutt Reports Acquisition and Disposal of Common Shares
SEC Form 4
Director Sheila M. Rutt reports acquiring 16,194 common shares of Stoneridge Inc. and disposing of shares on May 13, 2025.
Summary
- On May 13, 2025, Sheila M. Rutt, a director of Stoneridge Inc., reported a transaction involving the company's common shares.
- Rutt acquired 16,194 common shares at a price of $0.
- Following the reported transaction, Rutt beneficially owns 42,061 common shares.
- The acquisition was related to restricted common shares granted under the 2025 Long-Term Incentive Plan, which are no longer subject to forfeiture risk as of May 13, 2025.
Sentiment
Score: 5
Explanation: The Form 4 filing is a routine disclosure of a transaction related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Positives
- The vesting of restricted shares indicates that Rutt has met the conditions of the 2025 Long-Term Incentive Plan.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of the transaction involving the acquisition and disposal of common shares. |
| 05/13/2026 | Date when restricted common shares granted under the 2025 Long-Term Incentive Plan are no longer subject to substantial risk of forfeiture. |
| 05/15/2025 | Date of signature for the report. |
Keywords
Stoneridge Inc., SRI, Sheila M. Rutt, Form 4, Beneficial Ownership, Director, Common Shares, Long-Term Incentive Plan, Restricted Shares, Acquisition, Disposal
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