Form 4: TPI Composites Executive Adan Gossar Reports Stock Transactions
SEC Form 4
Adan Gossar, Chief Accounting Officer of TPI Composites, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On March 11, 2024, Adan Gossar, the Chief Accounting Officer of TPI Composites, Inc. (TPIC), reported transactions involving the company's common stock.
- 1,851 restricted stock units (RSUs) vested, converting into common stock.
- 553 shares were disposed of to satisfy tax withholding obligations at a price of $3.15 per share.
- Following these transactions, Gossar directly owns 71,936 shares of TPI Composites common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transactions: vesting of RSUs and tax withholding. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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.