Form 4: Superior Industries Director Richard Giromini Acquires Shares Through Restricted Stock Unit Vesting
SEC Form 4 Filing
Director Richard J. Giromini acquired 33,207 shares of Superior Industries International Inc. common stock on May 19, 2024, through the vesting of restricted stock units.
Summary
- On May 19, 2024, Richard J. Giromini, a director of Superior Industries International Inc., acquired 33,207 shares of common stock.
- This acquisition resulted from the vesting of restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of Superior Industries common stock.
- The RSUs vested and settled in stock on the first anniversary of the grant date.
- Following the transaction, Giromini directly owns 158,366 shares of Superior Industries International Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock ownership, and carries a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2018-08-08 | Date of Power of Attorney execution. |
| 2024-05-19 | Date of transaction: vesting of restricted stock units and acquisition of common stock. |
| 2024-05-21 | Date of signature on the Form 4 filing. |
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