Form 4: Winnebago Industries Director David W. Miles Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director David W. Miles reports acquiring 381 deferred stock units of Winnebago Industries on February 23, 2024.
Summary
- On February 23, 2024, David W. Miles, a director of Winnebago Industries Inc., acquired 381 deferred stock units.
- These units were accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan.
- The price of the deferred stock units was $70.55.
- Following the transaction, Miles directly owns 8,445 deferred stock units.
- These 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 routine regulatory filing regarding director compensation, and does not contain information that would significantly impact investor 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.
Industry Context
This filing reflects standard compensation practices for directors of publicly traded companies, aligning their interests with those of shareholders through equity-based compensation.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction: acquisition of 381 deferred stock units. |
| 02/27/2024 | Date of signature by Attorney-in-Fact. |
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