Form 4: Sypris Solutions SVP and Treasurer, Richard L. Davis, Reports Stock Disposal Following Vesting

Richard L. Davis, SVP and Treasurer of Sypris Solutions Inc., reported the disposal of 8,960 shares of common stock on April 1, 2025, to cover tax obligations following the vesting of a restricted stock award.

Summary

• On April 4, 2025, Richard L. Davis, SVP and Treasurer of Sypris Solutions Inc., filed a Form 4 with the SEC.
• The form reports a transaction that occurred on April 1, 2025, where 8,960 shares of common stock were disposed of at a price of $1.65.
• This disposal was related to the vesting of a restricted stock award under the 2020 Sypris Omnibus Plan, which vested 100% on April 1, 2025.
• Following the reported transaction, Davis directly owns 279,228 shares of Sypris Solutions Inc.
• The filing was signed by Rachel A. Brady by Power of Attorney on file with the Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of a stock award and subsequent sale of shares to cover tax obligations, a common practice among executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, Sypris Solutions Inc, Richard L. Davis, Stock Disposal, Restricted Stock, Vesting, SEC Filing, Insider Trading