Gentex VP logs stock awards and share sales
Gentex Corporation vice president of sales Matthew Chiodo reported a mix of stock awards, tax-related share dispositions, and open-market sales of common stock.
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Rhea-AI Filing Summary
Gentex Corporation vice president of sales Matthew Chiodo reported a mix of stock awards, tax-related share dispositions, and open-market sales of common stock. On February 17, he received a grant of 28,269 performance-based shares, with the number tied to long-term performance incentives and vesting 100% three years from the grant date. That same day, Form 4 data shows tax-withholding dispositions of shares at about $24.89 per share and open-market sales totaling 19,827 shares at about $25.03 per share. On February 19, he received an additional award of 12,047 shares of common stock, bringing his directly held stake to 47,148 shares after the reported transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,047 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 28,269 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,564 | $24.89 | $313K |
| Exercise Price or Tax Liability | Common Stock | 3,187 | $24.89 | $79K |
| Sale | Common Stock | 15,705 | $25.025 | $393K |
| Sale | Common Stock | 4,122 | $25.025 | $103K |
Footnotes (3)
- F1. 28,269 shares are performance-based shares where the total number of shares granted were based on long term performance incentives.
- F2. Shares purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan
- F3. These shares vest 100% three years from grant award date.
FAQ
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What insider transactions did Gentex (GNTX) executive Matthew Chiodo report?
What Gentex (GNTX) stock awards did Matthew Chiodo receive?
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