Form 4: Superior Industries EVP Michael Dorah Reports Stock Transactions

Michael Dorah, EVP and Chief Operating Officer of Superior Industries International Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

• Michael Dorah, an EVP and Chief Operating Officer at Superior Industries International Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 30, 2025, Dorah acquired 26,426 shares of common stock and disposed of 11,522 shares to cover taxes related to the settlement of restricted stock units.
• The shares were withheld for the payment of taxes due upon the settlement of restricted stock units granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
• Following these transactions, Dorah directly owns 156,157 shares of common stock.
• Dorah also disposed of 26,426 restricted stock units, leaving a balance of 67,875 restricted stock units.
• Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
• The restricted stock units vest ratably in three equal installments on March 30, 2025, March 2, 2026 and March 2, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Michael Dorah, Superior Industries, Stock Transactions, Restricted Stock Units, EVP, COO