Stoneridge (SRI) CAO awarded 40,611 share units vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartman Robert J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Stoneridge Inc. reported that Chief Accounting Officer Robert J. Hartman Jr. received a grant of 40,611 share units as equity compensation. The units were granted at no cash cost and are payable on a one-for-one basis in company common shares.
The share units vest in three equal annual installments on March 16, 2027, March 16, 2028, and March 16, 2029, subject to his continued employment on each vesting date. Following this grant, he holds 54,405 share units and 38,202 common shares directly, reflecting a routine long-term incentive award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hartman Robert J. Jr.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Units | 40,611 | $0.00 | -- |
| holding | Common Shares, without par value | -- | -- | -- |
Holdings After Transaction:
Share Units — 54,405 shares (Direct);
Common Shares, without par value — 38,202 shares (Direct)
Footnotes (1)
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FAQ
What did Stoneridge (SRI) disclose about Robert Hartman’s latest equity grant?
Stoneridge disclosed that Chief Accounting Officer Robert J. Hartman Jr. received 40,611 share units as equity compensation. These units convert one-for-one into common shares and vest over three years, aligning his incentives with long-term company performance.
Is Robert Hartman’s Stoneridge (SRI) Form 4 transaction an open-market purchase?
No, the Form 4 shows a compensation-related grant, not an open-market purchase. Hartman received 40,611 share units at no cash price under Stoneridge’s Long-Term Incentive Plan, which will later settle in common shares as they vest.
What are Robert Hartman’s reported holdings in Stoneridge (SRI) after this grant?
After the grant, Hartman directly holds 54,405 share units and 38,202 common shares. The share units represent deferred equity payable in common shares upon vesting, while the common shares reflect his current direct stock ownership position.