Form 4: Sypris Solutions Inc. Executive Rebecca R. Eckert Reports Stock Disposal After Vesting
SEC Form 4 Filing
Rebecca R. Eckert, VP and Chief Accounting Officer of Sypris Solutions Inc., reports disposing of 3,582 shares of common stock to cover tax obligations upon vesting of restricted stock.
Summary
- On April 1, 2025, Rebecca R. Eckert, VP, Chief Accounting Officer of Sypris Solutions Inc., disposed of 3,582 shares of common stock.
- The disposal was related to the vesting of a restricted stock award under the 2020 Sypris Omnibus Plan.
- The shares were disposed of at a price of $1.65 per share.
- Following the transaction, Eckert directly owns 72,110 shares of Sypris Solutions Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard procedure for covering tax obligations related to vested stock.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to stock vesting and tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction (stock disposal) and vesting of restricted stock. |
| 04/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Restricted Stock, Sypris Solutions Inc., Eckert, Insider Trading
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