Thor Industries Stock Gets Vote of Confidence as Director Increases Stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thor Industries Director Peter Busch Orthwein reported a significant insider purchase of 3,000 shares at $85.40 per share on June 20, 2025, representing a total investment of $256,200. Following this transaction, Orthwein's total beneficial ownership includes:
- 1,060,647 shares held directly
- 784,603 shares held indirectly through various trusts and family holdings, including:
- 136,400 shares in the Peter Orthwein Irrevocable Trust
- 299,700 shares in the PBO-BMO Descendants Trust
- 124,000 shares in the Adolphus Busch Orthwein Trust
This insider purchase demonstrates significant confidence in Thor Industries by a key board member, with Orthwein maintaining substantial direct and indirect ownership through various family trusts and investment vehicles. The transaction increases his already considerable stake in the company.
Positive
- Director Peter Busch Orthwein purchased 3,000 shares at $85.40 per share ($256,200 total), demonstrating insider confidence in the company
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($256,200)
Net Buy
8 txns
Insider
ORTHWEIN PETER BUSCH
Role
Director
Bought
3,000 shs ($256K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $85.40 | $256K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 136,400 shares (Indirect, See Note);
Common Stock — 1,060,647 shares (Direct)
Footnotes (1)
- These shares are held by the Peter Orthwein Irrevocable Trust, dated December 3, 2020, for the benefit of the reporting person's descendants. The reporting person is the settlor of the trust. An unaffiliated third-party serves as the trustee of the trust, but the reporting person retains certain investment control over the reported shares. These shares are held for the account of the reporting person's spouse. These shares are held for the account of a trust for the benefit of the reporting person's half-brother. The reporting person is one of the trustees of the trust. These shares are held for the account of the Trust FBO Peter B. Orthwein, of which the reporting person is the trustee and beneficiary. These shares are held for the account of the Adolphus Busch Orthwein Trust for the benefit of the reporting person's children. The reporting person is the trustee of the trust. These shares are held for the account of the Adolphus Busch Orthwein Trust for the benefit of the reporting person, of which the reporting person is the trustee and beneficiary. These shares are held for the account of the PBO-BMO Descendants Trust, of which the reporting person is the sole trustee and of which the reporting person's three youngest children are the beneficiaries. The reporting person disclaims beneficial ownership of the shares except to the extent of the pecuniary interest of the reporting person, his spouse and his three youngest children in the shares.
FAQ
What is Peter Busch Orthwein's total direct ownership of THO stock?
According to the Form 4 filing, Peter Busch Orthwein directly owns 1,060,647 shares of THO common stock.
What is Peter Busch Orthwein's relationship to Thor Industries (THO)?
According to the Form 4 filing, Peter Busch Orthwein serves as a Director of Thor Industries (THO).
When was the insider transaction reported to the SEC?
The Form 4 was signed on June 23, 2025, and filed with the SEC on June 28, 2025, reporting the insider transaction that occurred on June 20, 2025.