Form 4: TPI Composites Executive Steven G. Fishbach Reports Stock Transactions
SEC Form 4 Filing
Steven G. Fishbach, General Counsel and Secretary of TPI Composites, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.
Summary
- On March 21, 2024, Steven G. Fishbach, General Counsel and Secretary of TPI Composites, Inc., reported transactions involving the company's common stock.
- He acquired 2,252 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, 932 shares were disposed of to satisfy tax withholding obligations related to the RSU vesting at a price of $2.88.
- Following these transactions, Fishbach's direct ownership is 112,147 shares.
- He also holds 6,757 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock transactions (RSU vesting and tax withholding). |
| 03/22/2024 | Date of signature on the Form 4 filing. |
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