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.
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.
Positive
- None.
Negative
- None.
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
What insider transactions did Gentex (GNTX) executive Matthew Chiodo report?
What Gentex (GNTX) stock awards did Matthew Chiodo receive?
AI-generated analysis. How Rhea-AI works. Not financial advice.