[Form 4] THOR INDUSTRIES INC Insider Trading Activity

Rhea-AI Filing Summary

Christina Hennington, a director of Thor Industries, Inc. (THO), was granted 1,482 restricted stock units on 10/07/2025. The award has a grant price of $0 and will fully vest on 10/07/2026, subject to forfeiture if vesting conditions are not met. After the grant, Ms. Hennington beneficially owns 6,566 shares of Thor Industries common stock. The filing was signed by an attorney-in-fact on 10/09/2025.

Insights

Corporate Governance Specialist

Director RSU grant aligns compensation with shareholder outcomes over a one-year horizon.

The grant of 1,482 restricted stock units vests on 10/07/2026 and converts to the same number of shares at vesting, which ties the director's compensation to the company's share performance over the next year. Such one‑year RSU awards are commonly used for retention and aligning long‑term interests.

Dependencies include continued board service and absence of forfeiture events; monitor the single vesting date on 10/07/2026 for change in beneficial ownership and potential share issuance. The grant size appears modest relative to total outstanding shares, suggesting limited near‑term dilution.

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^*

HENNINGTON CHRISTINA

(Last) (First) (Middle)

C/O THOR INDUSTRIES, INC.

52700 INDEPENDENCE COURT

(Street)

ELKHART IN 46514

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
THOR INDUSTRIES INC [ THO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

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 Stock	10/07/2025		A		1,482	A	$0(1)	6,566	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

Explanation of Responses:

1. The transaction reported is a grant of restricted stock units that may be settled only be delivery of an equal number of shares of common stock. The shares will fully vest on October 7, 2026, the first anniversary of the date of grant, subject to forfeiture.

	/s/ Barb Montague, attorney-in-fact for Christina Hennington	10/09/2025
	** 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.

FAQ

What transaction did Christina Hennington report on Form 4 for THO?

She reported a grant of 1,482 restricted stock units on 10/07/2025 that may be settled in an equal number of shares.

When do the restricted stock units granted to the THO director vest?

The restricted stock units fully vest on 10/07/2026, the first anniversary of the grant date, subject to forfeiture.

How many Thor Industries shares does Christina Hennington beneficially own after the reported transaction?

Following the grant, she beneficially owns 6,566 shares of common stock.

Was there a purchase price for the RSU grant reported on the Form 4?

The grant is reported with a price of $0, consistent with restricted stock units that convert to shares upon vesting.

Who signed the Form 4 filing for Christina Hennington and when?

The form was signed by an attorney‑in‑fact, Barb Montague, on 10/09/2025.