Form 4: Superior Industries CFO Awarded 166,304 Restricted Stock Units

Daniel D. Lee, CFO of Superior Industries International, Inc., received 166,304 restricted stock units on February 5, 2025, which will vest in three equal installments.

Summary

• Daniel D. Lee, the Chief Financial Officer of Superior Industries International, Inc., was granted 166,304 restricted stock units on February 5, 2025.
• These restricted stock units represent the right to receive a cash payment equivalent to the value of one share of Superior Industries International, Inc.'s common stock.
• The units will vest and be settled in cash in three approximately equal installments on February 5, 2026, February 5, 2027, and February 5, 2028.
• The reporting person directly owns 166,304 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices. The vesting schedule promotes long-term alignment with shareholder interests.

Positives

• The grant of restricted stock units to the CFO aligns his interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The restricted stock units are designed to incentivize the CFO to contribute to the company's long-term success.

Industry Context

Granting restricted stock units is a common practice to incentivize and retain key executives in publicly traded companies.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units as a positive sign, aligning management's interests with their own.
• Employees may see this as a positive sign of the company investing in its leadership.

Key Dates

Keywords

restricted stock units, Form 4, CFO, Daniel D. Lee, Superior Industries International Inc., equity compensation, vesting