Form 4: Sypris Solutions Inc. Executive Anthony C. Allen Reports Stock Transaction
SEC Filing
Anthony C. Allen, VP and Assistant Treasurer of Sypris Solutions Inc., reports the disposition of 8,960 shares of common stock to cover taxes upon vesting of restricted stock.
Summary
- Anthony C. Allen, a VP and Assistant Treasurer at Sypris Solutions Inc., filed a Form 4 with the SEC.
- The form details a transaction on April 1, 2025, where 8,960 shares of common stock were disposed of at a price of $1.65.
- This disposition was related to the vesting of a restricted stock award under the 2020 Sypris Omnibus Plan.
- Following the transaction, Allen directly owns 348,034 shares of Sypris Solutions Inc.
- The restricted stock award vested 100% on April 1, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by a company executive, which has a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction and vesting of restricted stock award. |
| 04/04/2025 | Date of signature on the report. |
Keywords
Form 4, Sypris Solutions Inc, Stock Transaction, Beneficial Ownership, Anthony C. Allen, Restricted Stock, SEC Filing
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