Stoneridge director granted 23,478 restricted shares
Sklarsky Frank S reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sklarsky Frank S reported acquisition or exercise transactions in this Form 4 filing.
STONERIDGE INC director Frank S. Sklarsky received a grant of 23,478 common shares as equity compensation. The shares were awarded at no cash cost to him under the company’s 2025 Long-Term Incentive Plan and increase his direct holdings to 75,357 common shares.
The granted shares are restricted stock that will remain subject to a substantial risk of forfeiture until March 16, 2027. This is a routine, non-market transaction reflecting stock-based compensation rather than an open-market purchase or sale.
Positive
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Insights
Director received routine restricted stock grant as long-term incentive.
Director Frank S. Sklarsky acquired 23,478 restricted common shares of STONERIDGE INC as a grant under the 2025 Long-Term Incentive Plan. The grant carried a transaction price of $0.0000 per share, indicating pure equity compensation rather than a market trade.
Following this award, his direct holdings rise to 75,357 common shares. The footnote states these restricted shares remain subject to substantial risk of forfeiture until March 16, 2027, aligning them with long-term performance and retention objectives. As a non-cash, compensation-related grant, it represents a routine governance practice rather than a directional market signal.
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.
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What did Stoneridge (SRI) director Frank S. Sklarsky report in this Form 4?
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