STOCK TITAN

Gentex (GNTX) CEO granted performance stock and sells company shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Downing Steven R

(Last) (First) (Middle)
600 NORTH CENTENNIAL STREET

(Street)
ZEELAND MI 49464

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENTEX CORP [ GNTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 A(1) 124,311 A $0.00 315,002(2) D
Common Stock 02/17/2026 F 54,314 D $24.89 260,688 D
Common Stock 02/17/2026 F 14,018 D $24.89 246,670 D
Common Stock 02/17/2026 S 35,000 D $24.7457 211,670 D
Common Stock 02/19/2026 A(3) 43,492 A $0.00 255,162 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 124,311 shares are performance-based shares where the total number of shares granted were based on long term performance incentives.
2. Shares purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan
3. These shares vest 100% three years from grant award date.
Remarks:
/s/ Scott Ryan for Downing Steven R by Power of Attorney 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Gentex (GNTX) CEO Steven R. Downing report in this Form 4?

Steven R. Downing reported equity awards and share dispositions involving Gentex common stock. He received two stock grants and also disposed of shares, including an open-market sale and tax-withholding transactions related to those awards.

How many Gentex (GNTX) shares were awarded to the CEO in this filing?

The CEO was awarded 43,492 shares on February 19, 2026, and 124,311 performance-based shares on February 17, 2026. The performance-based shares were granted under long-term incentives and will vest 100% three years from the grant award date.

How many Gentex (GNTX) shares did the CEO sell in the open market?

Steven R. Downing sold 35,000 Gentex common shares in an open-market transaction on February 17, 2026, at an average price of about $24.7457 per share, according to the reported Form 4 transaction details.

What Gentex (GNTX) share disposals were related to tax withholding?

Two transactions were reported as tax-withholding dispositions on February 17, 2026. Gentex shares totaling 54,314 and 14,018 were delivered at $24.89 per share to satisfy exercise price or tax liabilities tied to equity awards.

How many Gentex (GNTX) shares does the CEO own after these transactions?

After the reported grants, tax-withholding dispositions, and sale, Steven R. Downing directly owned 211,670 shares of Gentex common stock. This figure reflects his direct ownership immediately following the final transaction in the Form 4.

What are the vesting terms for the CEO’s Gentex performance-based shares?

The 124,311 performance-based Gentex shares granted to the CEO are tied to long-term performance incentives. According to the disclosure, these shares vest 100% three years from the grant award date, subject to the plan’s conditions.
Gentex Corp

NASDAQ:GNTX

GNTX Rankings

GNTX Latest News

GNTX Latest SEC Filings

GNTX Stock Data

5.37B
218.12M
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States
ZEELAND