Stoneridge CFO exercises 9,052 share units
Stoneridge Inc. Chief Financial Officer Matthew R. Horvath reported equity compensation transactions involving Company share units and common shares.
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Rhea-AI Filing Summary
Stoneridge Inc. Chief Financial Officer Matthew R. Horvath reported equity compensation transactions involving Company share units and common shares. On March 2, he exercised 9,052 Share Units, which were granted on March 13, 2023 under the Long-Term Incentive Plan, receiving an equal number of common shares at no exercise price.
On the same date, 3,946 common shares were disposed of at $7.69 per share to cover tax obligations through a tax-withholding disposition. After these transactions, Horvath directly owned 18,994 common shares of Stoneridge Inc., reflecting his ongoing equity stake as an executive.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Units | 9,052 | $0.00 | $0.00 |
| Exercise | Common Shares, without par value | 9,052 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares, without par value | 3,946 | $7.69 | $30K |
Footnotes (1)
- F1. On March 13, 2023 the Reporting Person was granted 9,052 Share Units pursuant to the Company's Long-Term Incentive Plan which were paid on a one-for-one basis in Company common shares on March 2, 2026.
FAQ
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What insider transactions did Stoneridge (SRI) CFO Matthew Horvath report?
Were the Stoneridge (SRI) CFO’s transactions open-market buys or sells?
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