STONERIDGE director granted 23,478 restricted shares
Rutt Sheila M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Rutt Sheila M reported acquisition or exercise transactions in this Form 4 filing.
STONERIDGE INC director Sheila M. Rutt received a grant of 23,478 Common Shares as equity compensation. The shares were awarded at no cash cost to her and are structured as restricted stock under the company’s 2025 Long-Term Incentive Plan.
These restricted Common Shares remain subject to a substantial risk of forfeiture, which is scheduled to lapse on March 16, 2027. After this grant, Rutt directly holds a total of 65,539 Common Shares, aligning her financial interests more closely with those of other shareholders through increased long-term ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, without par value | 23,478 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Common Shares granted to the Reporting Person pursuant to the 2025 Long-Term Incentive Plan, no longer subject to substantial risk of forfeiture on March 16, 2027.
FAQ
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What did Sheila M. Rutt acquire in the latest STONERIDGE (SRI) Form 4?
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