Form 4: Thor Industries Director Peter Busch Orthwein Reports Gift of Shares

Sentiment:

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

DateDescription
07/03/2024Date of the transaction (gift of shares)
07/08/2024Date of signature on the Form 4 filing
December 3, 2020Date of the Peter Orthwein Irrevocable Trust

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