Director Orthwein (NYSE: THO) makes 10,500-share stock gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THOR INDUSTRIES INC director Peter Busch Orthwein reported two bona fide gifts of common stock on June 16, 2026, totaling 10,500 shares. One gift transferred 10,000 shares, and a related 500-share portion is separately reported, both at a price of $0.00 per share.
After these gifts, Orthwein’s direct holdings stand at 738,129 shares of common stock. Additional indirect holdings are reported for the benefit of his spouse and various family trusts, including positions such as 71,070 shares and other trust and annuity structures where he serves as settlor, trustee, or has certain investment control.
The filing characterizes these transfers as bona fide gifts rather than market sales, so they do not reflect open-market trading in THOR INDUSTRIES INC shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,500 shares gifted
Mixed
9 txns
Insider
ORTHWEIN PETER BUSCH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 10,000 | $0.00 | -- |
| Gift | Common Stock | 500 | $0.00 | -- |
| 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 — 738,129 shares (Direct, null);
Common Stock — 71,070 shares (Indirect, See Note)
Footnotes (1)
- These shares represent bona fide gifts. The number reported in column 4 represents 500 of the 10,000 gifted shares. These shares are held for the account of the reporting person's spouse. 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 by the reporting person's grantor retained annuity trust. 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.
Key Figures
Total shares gifted: 10,500 shares
Larger gift transaction: 10,000 shares
Related gift portion: 500 shares
+3 more
6 metrics
Total shares gifted
10,500 shares
Bona fide gifts of common stock on June 16, 2026
Larger gift transaction
10,000 shares
Common stock gifted at $0.00 per share, code G
Related gift portion
500 shares
Portion of 10,000 gifted shares referenced in footnote
Direct holdings after transactions
738,129 shares
Common stock held directly following gifts
Sample indirect trust holding
71,070 shares
Common stock held indirectly for spouse account
Sample indirect trust holding
299,700 shares
Common stock held in an irrevocable trust for descendants
Key Terms
bona fide gift, grantor retained annuity trust, irrevocable trust, pecuniary interest, +1 more
5 terms
bona fide gift financial
"These shares represent bona fide gifts."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
grantor retained annuity trust financial
"These shares are held by the reporting person's grantor retained annuity trust."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
irrevocable trust financial
"Peter Orthwein Irrevocable Trust, dated December 3, 2020, for the benefit of the reporting person's descendants."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
pecuniary interest financial
"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"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the shares except to the extent of the pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did THOR INDUSTRIES (THO) director Peter Busch Orthwein report in this Form 4?
He reported bona fide gifts of THOR INDUSTRIES common stock totaling 10,500 shares. These are non-market transfers, classified as gifts, and leave him with substantial remaining direct and indirect ownership across personal, spouse, and family trust accounts.
What are Peter Busch Orthwein’s THOR INDUSTRIES (THO) direct holdings after the gifts?
After the reported gifts, his direct ownership is 738,129 THOR INDUSTRIES common shares. This figure reflects his remaining personally held shares and excludes additional indirect positions held through various family trusts and related estate-planning structures.
How are the indirect THOR INDUSTRIES (THO) holdings of Peter Busch Orthwein structured?
Indirect holdings are reported for spousal accounts and multiple family trusts, including irrevocable and grantor retained annuity trusts. In some arrangements he is trustee, settlor, or retains investment control, and in others beneficiaries include his spouse, descendants, and half-brother.
Does this THOR INDUSTRIES (THO) Form 4 show market buying or selling by Peter Busch Orthwein?
No market trades are shown. The only transactions are gift dispositions coded “G,” representing bona fide gifts at $0.00 per share. These transfers do not involve open-market buying or selling activity in THOR INDUSTRIES stock.