Gentex Insider Filing: Kevin C. Nash Reports 54,304 Shares After 865-Share Disposition
Rhea-AI Filing Summary
Kevin C. Nash, Chief Financial Officer and Director of Gentex Corporation (GNTX), reported a transaction dated 08/26/2025 affecting his holdings. The filing shows 865 shares disposed of Common Stock at a price of $28.28 per share. After the reported transaction, Mr. Nash beneficially owned 54,304 shares directly. The form includes an explanatory note stating the shares were purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan. The Form 4 was signed on behalf of Mr. Nash by a power of attorney on 08/27/2025. No derivative securities or additional transactions are reported in this filing.
Positive
- Disclosure complies with Section 16 reporting requirements and includes an explanatory note about the Employee Stock Purchase Plan
- Post-transaction ownership is clearly stated as 54,304 shares, giving transparency into the CFO's holdings
Negative
- Disposition of 865 shares at $28.28 reduces the reporting person’s stake by that amount
- No additional context on the reason for the disposition is provided in the filing
Insights
TL;DR Insider filing documents a small net change: 865 shares disposed, leaving 54,304 shares owned by the CFO.
The report is a routine Section 16 disclosure showing a single non-derivative transaction for Kevin C. Nash. The record states the shares relate to the company’s Section 423(b) Employee Stock Purchase Plan, which explains issuance or acquisition mechanics referenced in the explanatory note. The reported disposal of 865 shares at $28.28 per share appears as an isolated event; the filing contains no indications of options, exercises, grants, or material derivative activity. For investors, this is a standard insider reporting item that documents executive share movements without additional context on intent or material corporate events.
TL;DR Disclosure is consistent with routine officer reporting and shows no governance or control changes.
The Form 4 is filed by one reporting person and signed by an authorized representative by power of attorney. It identifies Mr. Nash as both an officer (CFO) and director and records the post-transaction beneficial ownership. The explanatory statement ties the position of shares to the employee purchase plan, clarifying the source of the holdings. There are no amendments, no joint filings, and no derivative positions disclosed that would indicate changes to voting control or governance structure.