Hurco (HURC) director Janaki Sivanesan receives 5,432-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sivanesan Janaki reported acquisition or exercise transactions in this Form 4 filing.
HURCO COMPANIES INC director Janaki Sivanesan reported an equity award of 5,432 shares of common stock on March 12, 2026. The shares were recorded at a price of $0.00 per share, reflecting a grant or award rather than a market purchase.
After this grant, Janaki Sivanesan directly holds 42,631 shares of Hurco common stock. The filing also shows additional indirect holdings reported as 600 shares by Child 2, 300 shares by Child 3, 700 shares by Child 1, and 34 shares by a spouse's IRA, highlighting family-related ownership alongside the director's direct stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sivanesan Janaki
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,432 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,631 shares (Direct);
Common Stock — 600 shares (Indirect, By Child 2)
Footnotes (1)
FAQ
What insider transaction did Hurco (HURC) director Janaki Sivanesan report?
Janaki Sivanesan reported receiving 5,432 Hurco common shares as an equity award. The shares were recorded at $0.00 per share, indicating a grant or award rather than an open-market purchase, and increased the director’s directly held stake in HURCO COMPANIES INC.
Was the Hurco (HURC) insider transaction a market purchase or a grant?
The insider transaction was a grant or award of shares, not a market purchase. The Form 4 lists code “A” for acquisition and a transaction price of $0.00 per share, which together indicate a compensation-related stock award.