Form 4: Winnebago Industries Director David W. Miles Acquires Deferred Stock Units
SEC Form 4
Director David W. Miles acquired 451 deferred stock units of Winnebago Industries on August 30, 2024, at a price of $59.66 per unit.
Summary
- On August 30, 2024, David W. Miles, a director of Winnebago Industries Inc., acquired 451 deferred stock units.
- The price per deferred stock unit was $59.66.
- Following the transaction, Miles directly owns 9,345 deferred stock units.
- These deferred stock units are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan.
- The units will be settled in Winnebago Industries common stock upon the earliest of the director's termination of service, death, disability, or a change in the effective control of the company.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The deferred stock units will be settled in Winnebago Industries common stock upon the earliest of the director's termination of service, death, disability, or a change in the effective control of the company, according to the Winnebago Industries, Inc. Directors Deferred Compensation Plan.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the actions of company directors. It's common for directors to receive stock-based compensation, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: David W. Miles acquired 451 deferred stock units. |
| 09/03/2024 | Date of signature: Stacy L. Bogart, Attorney-in-Fact, signed the document. |
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