Form 4: TPI Composites CFO Ryan D. Miller Reports Stock Transactions

Ryan D. Miller, CFO of TPI Composites, executed transactions involving common stock and restricted stock units on May 23, 2024.

Summary

• On May 23, 2024, Ryan D. Miller, the Chief Financial Officer of TPI Composites, engaged in transactions involving the company's stock.
• Miller exercised 6,678 restricted stock units (RSUs) for common stock.
• Following the exercise, 1,760 shares were disposed of to cover tax withholding obligations at a price of $11.12 per share.
• After these transactions, Miller directly owns 22,239 shares of common stock and 13,354 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.

Future Outlook

The RSU award will vest in four equal installments on the first, second, third and fourth anniversary of the date of the grant provided, that the Reporting Person continues to provide services to the Issuer through the vesting date.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates