Form 4: TPI Composites Director Bavan Holloway Reports Stock Transactions
SEC Form 4
Director Bavan Holloway reports the vesting and acquisition of restricted stock units in TPI Composites, Inc.
Summary
- Bavan Holloway, a director of TPI Composites, Inc., reported transactions involving the company's stock.
- On May 24, 2024, 10,044 restricted stock units vested and were converted into common stock.
- These shares were acquired at a price of $0.00.
- Also on May 24, 2024, Holloway acquired 30,134 restricted stock units.
- Following these transactions, Holloway directly owns 30,134 restricted stock units and indirectly owns 23,673 shares of common stock through The Bavan M Holloway Living Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of acquisition of 30,134 Restricted Stock Units |
| 05/24/2024 | Date of vesting of 10,044 Restricted Stock Units |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.