Gentex director sells shares, exercises options
Gentex Corp director Leslie L. Brown reported a combination of option exercises and share sales.
Rhea-AI Filing Summary
Gentex Corp director Leslie L. Brown reported a combination of option exercises and share sales. On May 5, 2026, Brown sold 10,782 shares of Gentex common stock in an open-market sale at a weighted average price of $22.847 per share.
On the same date, Brown exercised stock options to acquire a total of 14,000 shares of common stock, including 7,000 options at $18.70 and 7,000 options at $15.74 per share. Following these transactions, Brown directly owned 36,362 common shares. The exercised options came from non‑employee director grants originally exercisable in 2016 and 2017 with expirations in 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
BROWN LESLIE L
Role
Director
Sold
10,782 shs ($246K)
Approx. gross sale proceeds
$246K
Approx. exercise cost
$241K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Employee Director Stock Option Grant | 7,000 | $0.00 | $0.00 |
| Exercise | Non-Employee Director Stock Option Grant | 7,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,000 | $15.74 | $110K |
| Exercise | Common Stock | 7,000 | $18.70 | $131K |
| Sale | Common Stock | 10,782 | $22.847 | $246K |
Holdings After Transaction:
Non-Employee Director Stock Option Grant — 21,000 contracts (Direct);
Common Stock — 36,362 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $22.815 to $22.90. The price reported above reflects the weighted average price.
Key Figures
Shares sold: 10,782 shares
Sale price: $22.847 per share
Options exercised at $18.70: 7,000 shares
+4 more
7 metrics
Shares sold
10,782 shares
Open-market sale of Gentex common stock on May 5, 2026
Sale price
$22.847 per share
Weighted average sale price for 10,782 shares
Options exercised at $18.70
7,000 shares
Common stock acquired via option exercise on May 5, 2026
Options exercised at $15.74
7,000 shares
Common stock acquired via option exercise on May 5, 2026
Post-transaction holdings
40,144 shares
Direct Gentex common stock held after transactions
Option grant expiring 2026
7,000 options at $15.74
Non-employee director stock option grant expiring May 19, 2026
Option grant expiring 2027
7,000 options at $18.70
Non-employee director stock option grant expiring May 18, 2027
Key Terms
open-market sale, derivative exercise/conversion, Non-Employee Director Stock Option Grant, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Non-Employee Director Stock Option Grant financial
"security_title": "Non-Employee Director Stock Option Grant""
weighted average price financial
"The price reported above reflects the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did GNTX director Leslie L. Brown report?
Leslie L. Brown reported an open-market sale of 10,782 Gentex (GNTX) common shares and the exercise of 14,000 stock options. These moves converted option awards into shares while disposing of a portion of his direct common stock holdings.
What kind of securities did the GNTX director exercise on May 5, 2026?
Brown exercised non‑employee director stock option grants covering 14,000 shares of Gentex common stock. These options carried exercise prices of $15.74 and $18.70 per share and were originally exercisable from 2016 and 2017 grant dates.
Were the Gentex insider’s sales executed in a single trade or multiple trades?
The sale of 10,782 shares was executed in multiple trades with prices ranging from $22.815 to $22.90 per share. The reported $22.847 figure is a weighted average price across all those trades on that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
