Gentex counsel granted shares, sells 9,024 stock
GENTEX CORP General Counsel Ryan Scott P reported multiple stock transactions in Gentex common shares.
Rhea-AI Filing Summary
GENTEX CORP General Counsel Ryan Scott P reported multiple stock transactions in Gentex common shares. He acquired 11,000 shares on February 19, 2026 and 25,782 shares on February 17, 2026 as grants, both at a stated price of $0.00 per share. The 25,782-share grant is performance-based, with the total tied to long-term incentives and vesting 100% three years from the grant date.
On February 17, 2026, he disposed of shares to cover tax obligations, delivering 11,492 shares and 2,907 shares at $24.89 per share. He also executed open-market sales of 7,145 shares and 1,879 shares at an average price of $24.7302 per share, totaling 9,024 shares sold. After these transactions, he directly owned 44,279 Gentex shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 25,782 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,492 | $24.89 | $286K |
| Exercise Price or Tax Liability | Common Stock | 2,907 | $24.89 | $72K |
| Sale | Common Stock | 7,145 | $24.7302 | $177K |
| Sale | Common Stock | 1,879 | $24.7302 | $46K |
Footnotes (3)
- F1. 25,782 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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