HEICO (HEI) director Alan Schriesheim reports bona fide gift of Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEICO CORP director Alan Schriesheim reported a bona fide gift of 140 shares of Class A Common Stock. The gift carried a reported price of $0.00 per share, leaving him with 532 Class A shares held directly after the transfer.
In addition to these directly held Class A shares, he indirectly holds 122,197 shares of Common Stock directly, plus Class A and Common Stock positions through the HEICO Corporation Leadership Compensation Plan (409A Plan) and the estate of his deceased spouse. These entries update his ownership records and do not reflect open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
140 shares gifted
Mixed
5 txns
Insider
SCHRIESHEIM ALAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 140 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 532 shares (Direct, null);
Common Stock — 122,197 shares (Direct, null);
Common Stock — 11,333 shares (Indirect, By 409A Plan);
Class A Common Stock — 6,416 shares (Indirect, By 409A Plan)
Footnotes (1)
- Represents shares held for the Reporting Person by the HEICO Corporation Leadership Compensation Plan (409A Plan). Represents shares held by the estate of deceased spouse.
Key Figures
Gifted Class A shares: 140 shares
Direct Class A holdings after gift: 532 shares
Direct Common Stock holdings: 122,197 shares
+3 more
6 metrics
Gifted Class A shares
140 shares
Bona fide gift of Class A Common Stock at $0.00 per share
Direct Class A holdings after gift
532 shares
Class A Common Stock directly held following the gift transaction
Direct Common Stock holdings
122,197 shares
Common Stock directly owned after reported transactions
Class A shares by estate
10,488 shares
Class A Common Stock held by estate of deceased spouse
Class A shares by 409A Plan
6,416 shares
Class A Common Stock held for reporting person by 409A Plan
Common shares by 409A Plan
11,333 shares
Common Stock held for reporting person by 409A Plan
Key Terms
bona fide gift, 409A Plan, Leadership Compensation Plan, indirect ownership, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 140-share Class A transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
409A Plan financial
"Represents shares held for the Reporting Person by the HEICO Corporation Leadership Compensation Plan (409A Plan)."
Leadership Compensation Plan financial
"Represents shares held for the Reporting Person by the HEICO Corporation Leadership Compensation Plan (409A Plan)."
indirect ownership financial
"Indirect holdings noted as "By 409A Plan" and "By Estate" for certain entries"
estate of deceased spouse financial
"Represents shares held by the estate of deceased spouse."
FAQ
What insider transaction did HEICO (HEI) director Alan Schriesheim report?
Alan Schriesheim reported a bona fide gift of 140 Class A Common shares in HEICO. The transaction used code G, indicating a gift rather than a market trade, and was reported at $0.00 per share, reflecting no sale proceeds.
Does the HEICO (HEI) Form 4 show any insider buying or selling in the market?
The Form 4 shows a gift transaction, not an open-market trade. The 140 Class A shares were transferred as a bona fide gift at a reported price of $0.00 per share, so there is no recorded market purchase or sale.
What indirect HEICO (HEI) holdings does Alan Schriesheim report?
Schriesheim reports indirect holdings through the HEICO Corporation Leadership Compensation Plan (409A Plan) and the estate of his deceased spouse. These include separate positions in Class A Common Stock and Common Stock, reflecting shares held for his benefit by those entities.
What does transaction code G mean in the HEICO (HEI) Form 4 for Alan Schriesheim?
Transaction code G indicates a bona fide gift. In this HEICO Form 4, it shows 140 Class A Common shares were transferred as a gift at a reported price of $0.00 per share, distinguishing it from a purchase or sale in the market.