Form 4: Sturm Ruger VP of Operations, Timothy Lowney, Reports Stock Transactions
SEC Form 4 Filing
Timothy Lowney, VP of Operations at Sturm Ruger & Co Inc, reports the vesting and conversion of restricted stock units into cash, along with the acquisition of additional restricted stock units.
Summary
- On March 3, 2025, Timothy Lowney, VP of Operations at Sturm Ruger & Co Inc, reported transactions involving the company's stock.
- Lowney vested 2,354 cash-settled restricted stock units, which were granted on March 1, 2022, at a price of $39.46 per unit.
- These units vested on the third anniversary of the grant and represent the right to receive the fair market value of one share of Sturm Ruger's common stock on the vesting date.
- The vesting of these units is reported as both an acquisition and disposition of 2,354 shares of common stock.
- Additionally, Lowney acquired 5,916 restricted stock units that will vest on March 3, 2028.
- Following these transactions, Lowney beneficially owns 6,674 shares of common stock directly and 14,773 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The reporting person will receive the cash value of 5,916 shares of common stock on March 3, 2028, when the newly acquired restricted stock units vest.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date the reporting person was granted 2,354 cash-settled restricted stock units. |
| 03/03/2025 | Date of the reported transactions, including vesting of restricted stock units and acquisition of new units. |
| 03/03/2028 | Date when the 5,916 restricted stock units will vest and convert to cash value. |
| 03/05/2025 | Date of signature of the report. |
Keywords
Sturm Ruger, RGR, Timothy Lowney, Restricted Stock Units, Form 4, Insider Trading, Beneficial Ownership, Vesting
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