Form 4: TPI Composites Executive Adan Gossar Reports Stock Transactions
SEC Form 4 Filing
Adan Gossar, Chief Accounting Officer of TPI Composites, reports acquisition and disposal of common stock related to performance-based restricted stock units.
Summary
- On February 21, 2025, Adan Gossar, Chief Accounting Officer of TPI Composites, reported transactions involving the company's common stock.
- Gossar acquired 1,028 shares of common stock related to the vesting of performance-based restricted stock units (PSUs).
- He also disposed of 361 shares to satisfy tax withholding obligations at a price of $1.455 per share.
- Following these transactions, Gossar directly owns 73,590 shares of TPI Composites common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock acquisition and disposal. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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