Form 4: Superior Industries Director Raynard D. Benvenuti Settles Restricted Stock Units
SEC Form 4 Filing
Director Raynard D. Benvenuti settled 33,207 restricted stock units into common stock of Superior Industries International, Inc. on May 19, 2024.
Summary
- On May 19, 2024, Raynard D. Benvenuti, a director of Superior Industries International, Inc., settled 33,207 restricted stock units.
- These units converted into common stock at a price of $0.00.
- Following the transaction, Benvenuti directly owns 138,587 shares of common stock.
- He also indirectly owns 8,000 shares through Benvenuti Holdings LLC.
- The restricted stock units vested and settled in stock on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| June 22, 2020 | Date of Power of Attorney execution. |
| May 19, 2024 | Date of transaction: settlement of restricted stock units. |
| May 21, 2024 | Date of signature on the Form 4 filing. |
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