Form 4: Thor Industries Director Peter Busch Orthwein Reports Gift of Shares
SEC Form 4 Filing
Director Peter Busch Orthwein reported gifting 10,600 shares of Thor Industries common stock.
Summary
- On July 3, 2024, Peter Busch Orthwein, a director of Thor Industries, Inc., reported a transaction involving the gifting of 10,600 shares of common stock.
- Of these, 350 shares were specifically identified in the report.
- The reporting person directly owns 1,059,737 shares.
- The reporting person indirectly owns 70,120 shares held for the account of the reporting person's spouse.
- The reporting person indirectly owns 30,000 shares held for the account of a trust for the benefit of the reporting person's half-brother.
- The reporting person indirectly owns 94,783 shares held for the account of the Trust FBO Peter B. Orthwein.
- The reporting person indirectly owns 124,000 shares held for the account of the Adolphus Bush Orthwein Trust for the benefit of the reporting person's children.
- The reporting person indirectly owns 30,000 shares held for the account of the Adolphus Busch Orthwein Trust for the benefit of the reporting person.
- The reporting person indirectly owns 299,700 shares held for the account of the PBO-BMO Descendants Trust.
- The reporting person indirectly owns 133,400 shares held by the Peter Orthwein Irrevocable Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a gift of shares. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance. It is common for directors and officers to make gifts or charitable contributions of company stock.
Stakeholder Impact
- The gift of shares by a director could be perceived neutrally by shareholders, as it doesn't directly impact the company's operations or financial condition.
Key Dates
| Date | Description |
|---|---|
| 07/03/2024 | Date of the transaction (gift of shares) |
| 07/08/2024 | Date of signature on the Form 4 filing |
| December 3, 2020 | Date of the Peter Orthwein Irrevocable Trust |
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