Form 4: Superior Industries Director Paul Humphries Converts Restricted Stock Units into Common Shares
Insider Transaction Report
Paul Humphries, a Director at Superior Industries International Inc., has acquired 37,338 shares of common stock through the conversion of restricted stock units, increasing his direct beneficial ownership to 171,252 shares.
Summary
- Paul Humphries, a Director of Superior Industries International Inc. (SUP), acquired 37,338 shares of common stock.
- The acquisition occurred on May 22, 2025, through the exercise or conversion of derivative securities (restricted stock units).
- The price of the acquired common stock was $0.00, indicating a vesting event rather than a purchase.
- Following this transaction, Mr. Humphries' direct beneficial ownership of Superior Industries common stock increased to 171,252 shares.
- The restricted stock units (RSUs) represent a contingent right to receive one share of common stock.
- These RSUs vested and settled in stock on the first anniversary of their grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While a routine transaction, it signifies a director's increased direct ownership, which can be viewed favorably as it aligns management interests with shareholders. There are no negative implications for the company's operations or financial health.
Positives
- The transaction demonstrates a director's continued equity ownership in the company, aligning their interests with shareholders.
- The vesting of restricted stock units is a standard compensation practice, indicating the fulfillment of performance or tenure conditions.
Future Outlook
The document does not contain specific forward-looking statements or guidance regarding the company's future performance or strategic direction. It primarily reports an insider transaction.
Industry Context
This Form 4 filing reports a routine insider transaction (vesting of restricted stock units) for a director of Superior Industries International Inc., a company in the automotive components industry. Such transactions are common and reflect standard executive compensation practices rather than specific industry trends or competitive shifts.
Related Party Transactions
- The transaction involves a director of Superior Industries International, Inc. acquiring shares from the company as part of a compensation plan, which is a common related-party transaction in the context of executive compensation.
Stakeholder Impact
- Shareholders: The transaction increases a director's direct ownership, potentially signaling confidence and aligning interests with long-term shareholder value.
- Employees: The vesting of RSUs is a standard component of executive compensation, which can be seen as a positive for employee retention and motivation at the leadership level.
Next Steps
- The shares acquired will be held by Paul Humphries as part of his direct beneficial ownership in Superior Industries International, Inc.
Key Dates
| Date | Description |
|---|---|
| 2017-08-21 | Date of the Power of Attorney granted by Paul Humphries to Superior Industries' CEO and CFO for Section 16 filings. |
| 2025-05-22 | Date of the transaction where Paul Humphries acquired common stock through RSU conversion. |
| 2025-05-27 | Date the Form 4 was signed by David M Sherbin, Attorney-in-Fact. |
Keywords
Superior Industries International, SUP, Paul Humphries, Director, SEC Form 4, Restricted Stock Units, RSU vesting, Common Stock, Insider Transaction, Beneficial Ownership
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