Stoneridge Control Devices President Converts 14,551 Phantom Shares

Stoneridge President of Control Devices, Rajaey Kased, reported significant insider transactions on June 20, 2025.

Rhea-AI Filing Summary

Stoneridge President of Control Devices, Rajaey Kased, reported significant insider transactions on June 20, 2025. The transactions involved:

• 14,551 phantom shares were converted (M) and subsequently disposed of (D) at $5.61 per share
• Following these transactions, Kased directly owns 8,610 common shares
• Maintains 31,369 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 were paid in cash upon vesting. This transaction pattern suggests a routine vesting and liquidation of executive compensation awards rather than an open market purchase or sale.

Insider Trade Summary

14,551 shares exercised/converted

Exercise 4 txns

Insider Kased Rajaey

Role President Control Devices

Type	Security	Shares	Price	Value
Exercise	Phantom Shares	14,551	$0.00	$0.00
Exercise	Common Shares, without par value	14,551	$0.00	$0.00
Disposition	Common Shares, without par value	14,551	$5.61	$82K
holding	Share Units	--	--	--

Holdings After Transaction: Phantom Shares — 0 contracts (Direct); Common Shares, without par value — 8,610 shares (Direct); Share Units — 31,369 contracts (Direct)

Footnotes (3)

1. F1. Each Phantom Share was the economic equivalent of one Common Shares and was paid in cash.
2. F2. The Phantom Shares vested on June 20, 2025.
3. F3. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

On June 20, 2025, Rajaey Kased, President of Control Devices at Stoneridge (SRI), exercised 14,551 phantom shares that were converted to common shares and subsequently sold them at $5.61 per share. After the transaction, Kased retained 8,610 direct ownership shares.

How many SRI shares does Rajaey Kased own after the June 2025 transaction?

After the June 20, 2025 transaction, Rajaey Kased owns 8,610 shares directly, plus 31,369 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 the insider transaction on June 20, 2025?

The SRI shares were sold at a price of $5.61 per share on June 20, 2025, with the insider disposing of 14,551 common shares.

What type of equity awards does Rajaey Kased hold in SRI as of June 2025?

Rajaey Kased holds 31,369 Share Units granted under SRI's Long-Term Incentive Plan. These units are payable in common shares on a one-for-one basis if Kased remains employed through the third anniversary of their respective grant dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/24/2025 - 08:13 PM EDT Learn about SEC filing 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^*

Kased Rajaey

(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)
	President Control Devices

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		14,551	A	(1)	23,161	D
Common Shares, without par value	06/20/2025		D		14,551	D	$5.61	8,610	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			14,551	(2)	(2)	Common Shares, without par value	14,551	(1)	0	D
Share Units	(3)							(3)	(3)	Common Shares, without par value	31,369		31,369	D

Explanation of Responses:

1. Each Phantom Share was the economic equivalent of one Common Shares 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.