Form 4: Superior Industries Executive Reports Stock Transactions
SEC Form 4 Filing
Kevin Martin Burke, Chief Human Resources Officer at Superior Industries International, reports the vesting and subsequent tax withholding of shares.
Summary
- On May 19, 2024, Kevin Martin Burke, Chief Human Resources Officer of Superior Industries International, Inc., reported transactions involving common stock and restricted stock units.
- A total of 8,657 shares of common stock were acquired through the vesting of restricted stock units.
- 3,775 shares were withheld for the payment of taxes at a price of $3.65 per share.
- Following these transactions, Burke directly owns 73,402 shares of Superior Industries International, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a strategic shift or material event for the company.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| October 4, 2019 | Date of Power of Attorney execution. |
| May 19, 2024 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| May 21, 2024 | Date of signature for the Form 4 filing. |
| March 2, 2025 | Next vesting date for restricted stock units. |
| March 2, 2026 | Final vesting date for restricted stock units. |
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