Form 4: Superior Industries Director Ellen Richstone Reports Stock Unit Vesting
SEC Form 4 Filing
Director Ellen Richstone reports the vesting and settlement of restricted stock units into common stock of Superior Industries International, Inc.
Summary
- On May 19, 2024, Ellen Richstone, a director of Superior Industries International, Inc., reported the vesting of 33,207 restricted stock units.
- These units converted into 33,207 shares of common stock.
- Following the transaction, Richstone directly owns 154,998 shares of Superior Industries International, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit vesting, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 2017-08-17 | Date of Power of Attorney execution. |
| 2024-05-19 | Date of transaction: vesting of restricted stock units. |
| 2024-05-21 | Date of signature for the Form 4 filing. |
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