Form 4: Mill Road Capital III, L.P. Reports Acquisition of Superior Industries International Inc. Shares

Mill Road Capital III, L.P. reports acquiring additional shares and indirect pecuniary interest in restricted stock units of Superior Industries International Inc.

Summary

• On May 22, 2024, Mill Road Capital III, L.P. acquired 37,338 shares of Superior Industries International Inc. common stock at $0.00 per share.
• Following the transaction, Mill Road Capital III, L.P. directly owns 4,380,940 shares of Superior Industries International Inc.
• The reporting persons also acquired an indirect pecuniary interest in 53,542 restricted stock units (RSUs) granted to Deven Petito as compensation for serving on the board of directors.
• Mill Road Capital III GP LLC, as the sole general partner of Mill Road Capital III, L.P., has voting and disposal authority over the shares.
• Thomas E. Lynch and Deven Petito, as management committee directors of the GP, share authority over these shares.
• Mill Road Capital Management, LLC, an affiliate, has the right to receive the economic benefit of the reported shares related to the RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in ownership.

Industry Context

This filing reflects changes in ownership by a significant shareholder, Mill Road Capital, which is relevant to investors monitoring the stock's trading activity and potential influence on corporate governance.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders.
• The acquisition of shares by Mill Road Capital III, L.P. could influence investor confidence.

Key Dates