Zizelman James 4
Research Summary
AI-generated summary
Stoneridge (SRI) CEO James Zizelman Receives 142,933-Unit Award
What Happened
- James Zizelman, President, CEO and Director of Stoneridge, was granted 142,933 share-based awards (reported as a derivative award) on January 31, 2026. The reported acquisition price is $0.00, reflecting an award/grant rather than a purchase. This grant is recorded as “A” (award/grant) on the Form 4.
Key Details
- Transaction date: January 31, 2026; Filing date: February 4, 2026.
- Grant size: 142,933 share-based units; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes reported:
- F1: Some of the granted Share Units convert one-for-one into common shares if the recipient remains employed on the third anniversary of the grant dates.
- F2: Phantom Shares are economic equivalents of common shares and will be paid in cash equal to the fair market value per share on vesting (vest date noted as January 31, 2027) if the recipient remains employed on that date.
- Filing timeliness: Form shows the grant date of Jan 31 and was filed Feb 4; the filing does not include a timeliness flag in the provided summary — investors may want to verify timeliness with the full SEC filing.
Context
- These awards are compensation grants under Stoneridge’s Long-Term Incentive Plan (LTIP), not open-market purchases or sales. Part of the award may convert to actual shares after a multi-year vesting/service condition; other portions (phantom shares) are payable in cash at fair market value if vesting conditions are met. Awards like this are common executive compensation and do not by themselves indicate a buy or sell decision by the insider.
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