Form 4: TPI Composites Director Linda P. Hudson Reports Stock Transactions
SEC Form 4
Director Linda P. Hudson reports the vesting and conversion of restricted stock units into common stock of TPI Composites, Inc.
Summary
- Linda P. Hudson, a director of TPI Composites, Inc. (TPIC), reported a transaction involving restricted stock units.
- On May 24, 2024, 10,044 restricted stock units vested and were converted into 10,044 shares of common stock.
- The price per share for the conversion was $0.00.
- Following the transaction, Hudson directly owns 24,985 shares of TPI Composites common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of Earliest Transaction |
| 05/24/2024 | Date of transaction: Conversion of restricted stock units to common stock |
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