Stoneridge (NYSE: SRI) CHRO receives 45,029 phantom shares in LTIP grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stoneridge, Inc. reported an equity-based compensation grant to officer Susan C. Benedict, CHRO and Assistant GC. On January 31, 2026, she received 45,029 Phantom Shares under the company’s Long-Term Incentive Plan at a price of $0 per unit.
Each Phantom Share is economically equal to one common share and will be paid in cash at fair market value on the vesting date of January 31, 2027, if she remains employed. Benedict also directly holds 13,072 common shares and 63,811 Share Units, which are payable one-for-one in common shares if she remains employed through the applicable third anniversaries of their grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Benedict Susan C.
Role
CHRO and Assistant GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 45,029 | $0.00 | -- |
| holding | Share Units | -- | -- | -- |
| holding | Common Shares, without par value | -- | -- | -- |
Holdings After Transaction:
Phantom Shares — 45,029 shares (Direct);
Share Units — 63,811 shares (Direct);
Common Shares, without par value — 13,072 shares (Direct)
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 if the Reporting Person remains employed on the third anniversary of the various dates of grant. 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 31, 2027 if the Reporting Person remains employed on that date.
FAQ
What insider transaction did Stoneridge (SRI) disclose for Susan C. Benedict?
Stoneridge disclosed that officer Susan C. Benedict received 45,029 Phantom Shares on January 31, 2026. These were granted at a price of $0 per unit as part of the company’s Long-Term Incentive Plan and are classified as a derivative security award.