Gentex (GNTX) CEO granted performance stock and sells company shares
Rhea-AI Filing Summary
Gentex Corporation President and CEO Steven R. Downing reported multiple stock transactions involving company common shares. He received two equity awards, acquiring 43,492 shares on February 19, 2026 and 124,311 performance-based shares on February 17, 2026, both at a stated price of $0.00 per share.
The 124,311 performance-based shares were granted under long-term performance incentives and vest 100% three years from the grant award date. On February 17, 2026, shares were also disposed of to cover tax obligations, with 54,314 and 14,018 shares withheld at $24.89 per share, and 35,000 shares sold in an open-market transaction at an average price of $24.7457 per share. Following these transactions, Downing directly owned 211,670 Gentex common shares.
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