Director Garth Deur receives 5,626-share GENTEX (GNTX) stock grant award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEUR GARTH reported acquisition or exercise transactions in this Form 4 filing.
GENTEX CORP director Garth Deur received a grant of 5,626 shares of Common Stock as a compensation award. The award was reported at a price of $0.00 per share, indicating it is not an open-market purchase but a share grant. Following this transaction, his directly held position increased to 20,045 shares of Common Stock. A footnote explains that these granted shares vest 100% one year from the grant award date, meaning he will gain full ownership rights to the entire award after that one-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEUR GARTH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,626 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,045 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,626 shares
Grant price per share: $0.00 per share
Shares held after transaction: 20,045 shares
+1 more
4 metrics
Shares granted
5,626 shares
Common Stock grant to director on 2026-05-21
Grant price per share
$0.00 per share
Reported transaction price for awarded shares
Shares held after transaction
20,045 shares
Director’s direct Common Stock holdings post-grant
Vesting schedule
100% after one year
Award vests one year from grant award date
Key Terms
Grant, award, or other acquisition, Common Stock, vest
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"These shares vest 100% one year from grant award date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did GENTEX (GNTX) director Garth Deur report in this Form 4 filing?
Director Garth Deur reported receiving a grant of 5,626 GENTEX Common Stock shares. The award was priced at $0.00 per share, reflecting a compensation-related grant rather than a market purchase, and increased his direct holdings to 20,045 shares after the transaction.
How is the Garth Deur GENTEX (GNTX) transaction coded on Form 4?
The transaction is coded “A” on Form 4, described as a grant, award, or other acquisition. This indicates the shares were received as part of compensation or a similar arrangement, rather than being acquired through a typical open-market buy or sale transaction.