[Form 4] STONERIDGE INC Insider Trading Activity
Rhea-AI Filing Summary
Benedict Susan C. reported acquisition or exercise transactions in this Form 4 filing.
STONERIDGE INC reported that executive Susan C. Benedict, its CHRO and Assistant General Counsel, received a grant of 46,376 Share Units under the company’s Long-Term Incentive Plan. Each unit is payable one-for-one in common shares and vests in three equal annual installments on March 16, 2027, March 16, 2028, and March 16, 2029, subject to her continued employment.
After this award, she holds 102,791 Share Units. She also has 45,029 Phantom Shares, each economically equivalent to one common share and payable in cash at the fair market value of a common share on the vesting date of January 21, 2027, if she remains employed then, plus 17,244 Common Shares held directly. These transactions reflect equity-based compensation, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Units | 46,376 | $0.00 | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Common Shares, without par value | -- | -- | -- |
Footnotes (1)
- Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan, payable on a one-for-one basis in Company common shares, vesting ratably in equal annual installments of one-third (1/3) on each of March 16, 2027, March 16, 2028, and March 16, 2029, subject to the Reporting Person's continued employment on each applicable vesting date. Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share on the vesting date of January 21, 2027 if the Reporting Person remains employed on that date.