STOCK TITAN

Sypris Solutions (SYPR) director awarded 40,000 restricted stock units in equity grant

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

Rhea-AI Filing Summary

Convis Gary L reported acquisition or exercise transactions in this Form 4 filing.

Sypris Solutions director Gary L. Convis received a grant of 40,000 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Sypris common stock. The award was granted at no cash cost and brings his reported RSU holdings to 40,000 units.

The RSUs were granted under the 2025 Sypris Omnibus Plan and the Directors' Compensation Program. They are scheduled to vest 100% on June 16, 2028, provided he continues to serve as a director through that date.

Positive

  • None.

Negative

  • None.
Insider Convis Gary L
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 40,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 40,000 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan and the Directors' Compensation Program, which will vest 100% on June 16, 2028, provided that the Reporting Person remains a director of the Issuer on such vesting date.
RSUs granted 40,000 units Restricted stock units awarded to director on June 17, 2026
Underlying common shares 40,000 shares Each RSU represents one share of common stock
Grant price $0.0000 per unit Equity compensation award, no cash paid by director
Post-award RSU holdings 40,000 units Total RSUs owned following this transaction
Vesting date June 16, 2028 RSUs vest 100% if director remains in service
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2025 Sypris Omnibus Plan financial
"The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan and the Directors' Compensation Program"
Directors' Compensation Program financial
"The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan and the Directors' Compensation Program"
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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SEC Form 4
FORM 4UNITED 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*
Convis Gary L

(Last)(First)(Middle)
C/O SYPRIS SOLUTIONS, INC.
101 BULLITT LANE, STE 450

(Street)
LOUISVILLE KENTUCKY 40222

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SYPRIS SOLUTIONS INC [ SYPR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/17/2026A40,000 (2) (2)Common Stock40,000$040,000D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer.
2. The RSUs are granted pursuant to the 2025 Sypris Omnibus Plan and the Directors' Compensation Program, which will vest 100% on June 16, 2028, provided that the Reporting Person remains a director of the Issuer on such vesting date.
Rachel A. Brady by Power of Attorney on file with the Commission06/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SYPR director Gary L. Convis report on this Form 4?

Gary L. Convis reported receiving 40,000 restricted stock units as an equity award. These RSUs give him a contingent right to receive 40,000 shares of Sypris Solutions common stock, subject to future vesting conditions tied to continued board service.

How many Sypris Solutions (SYPR) restricted stock units were granted to Gary L. Convis?

Gary L. Convis was granted 40,000 restricted stock units. Following this award, his reported RSU holdings total 40,000 units, each representing a contingent right to receive one share of Sypris Solutions common stock if the vesting conditions are satisfied.

When do Gary L. Convis’s SYPR restricted stock units vest?

The 40,000 restricted stock units are scheduled to vest 100% on June 16, 2028. Vesting requires that Gary L. Convis remain a director of Sypris Solutions through that date under the terms of the company’s 2025 Omnibus Plan and Directors' Compensation Program.

What does each restricted stock unit mean for SYPR’s Gary L. Convis?

Each restricted stock unit represents a contingent right to receive one share of Sypris Solutions common stock. Convis will only receive the underlying shares if the RSUs vest, which depends on his continued service as a director through June 16, 2028.

Under which plan were the 40,000 SYPR restricted stock units granted to Gary L. Convis?

The 40,000 restricted stock units were granted under the 2025 Sypris Omnibus Plan and the Directors' Compensation Program. These company plans govern equity-based compensation for directors, including vesting schedules and service requirements tied to awards like RSUs.