STOCK TITAN

Stoneridge Tech Chief's Stock Move Signals Confidence with 19,906 Units Retained

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stoneridge Chief Technology Officer Troy Cooprider reported multiple transactions on June 20, 2025:

  • Exercised 11,641 phantom shares that converted to common shares, followed by disposition of these shares at $5.61 per share
  • Following these transactions, Cooprider directly owns 6,362 common shares
  • Maintains 19,906 share units under the company's Long-Term Incentive Plan, which vest on the third anniversary of their respective grant dates

The phantom shares were economically equivalent to common shares and paid in cash upon vesting. The transactions were reported via power of attorney by Robert M. Loesch on June 24, 2025. These changes reflect standard executive compensation arrangements and vesting schedules rather than open market transactions.

Positive

  • None.

Negative

  • None.
Insider Cooprider Troy
Role Chief Technology Officer
Type Security Shares Price Value
Exercise Phantom Shares 11,641 $0.00 --
Exercise Common Shares, without par value 11,641 $0.00 --
Disposition Common Shares, without par value 11,641 $5.61 $65K
holding Share Units -- -- --
Holdings After Transaction: Phantom Shares — 0 shares (Direct); Common Shares, without par value — 18,003 shares (Direct); Share Units — 19,906 shares (Direct)
Footnotes (1)
  1. Each Phantom Share was the economic equivalent of one Common Share and was paid in cash. The Phantom Shares vested on June 20, 2025. 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 grant dates.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cooprider Troy

(Last) (First) (Middle)
C/O STONERIDGE, INC.
39675 MACKENZIE DRIVE, SUITE 400

(Street)
NOVI MI 48377

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STONERIDGE INC [ SRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, without par value 06/20/2025 M 11,641 A (1) 18,003 D
Common Shares, without par value 06/20/2025 D 11,641 D $5.61 6,362 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Shares (1) 06/20/2025 M 11,641 (2) (2) Common Shares, without par value 11,641 (1) 0 D
Share Units (3) (3) (3) Common Shares, without par value 19,906 19,906 D
Explanation of Responses:
1. Each Phantom Share was the economic equivalent of one Common Share and was paid in cash.
2. The Phantom Shares vested on June 20, 2025.
3. 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 grant dates.
Remarks:
/s/ Robert M. Loesch, by power of attorney 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider trading activity occurred at Stoneridge (SRI) on June 20, 2025?

On June 20, 2025, Troy Cooprider, Stoneridge's Chief Technology Officer, exercised 11,641 phantom shares and subsequently sold 11,641 common shares at a price of $5.61 per share. After these transactions, Cooprider directly owned 6,362 common shares.

How many SRI shares does Troy Cooprider own after the June 2025 transactions?

After the reported transactions, Troy Cooprider directly owns 6,362 common shares of Stoneridge (SRI). Additionally, he holds 19,906 share units through the Company's Long-Term Incentive Plan that will vest if he remains employed on the third anniversary of their respective grant dates.

What was the sale price of SRI shares in Cooprider's June 2025 transaction?

Troy Cooprider sold 11,641 shares of Stoneridge (SRI) at a price of $5.61 per share on June 20, 2025.

What type of equity compensation does Stoneridge (SRI) offer its executives?

Based on the Form 4 filing, Stoneridge offers executives phantom shares that are paid in cash and share units through their Long-Term Incentive Plan. The share units are payable in common shares on a one-for-one basis if the executive remains employed on the third anniversary of the grant dates.