Form 4: TPI Composites CFO Ryan D. Miller Reports Stock Transactions
SEC Form 4
Ryan D. Miller, CFO of TPI Composites, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 21, 2024, Ryan D. Miller, the Chief Financial Officer of TPI Composites, Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
- Miller acquired 4,927 shares of common stock upon the vesting of RSUs.
- Simultaneously, Miller disposed of 1,254 shares to satisfy tax withholding obligations at a price of $2.88 per share.
- Following these transactions, Miller directly owns 17,321 shares of TPI Composites common stock and 14,780 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock transactions (vesting of RSUs and sale of shares for tax obligations). |
| 03/22/2024 | Date of signature on the Form 4 filing. |
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