GARDNER TIMOTHY J 4
Research Summary
AI-generated summary
HURC Director Timothy J. Gardner Receives 5,432-Share Award
What Happened
Timothy J. Gardner, a director of HURCO COMPANIES INC (HURC), received an award of 5,432 shares on March 12, 2026. The Form 4 lists the transaction as an "A" (award/grant) with an acquisition price of $0.00 per share — indicating the shares were granted as compensation rather than purchased for cash.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-16.
- Transaction type/code: A = Award/Grant.
- Shares acquired: 5,432; reported per-share price: $0.00.
- Total reported cash value on the filing: $0 (the filing shows $0.00 acquisition price).
- Shares owned after transaction: not disclosed in the provided transaction data.
- Footnotes/plan details: none provided in the supplied excerpt (no 10b5-1, tax withholding, or similar notes shown).
Context
An "A" code award is typically a compensation grant (e.g., restricted stock or RSUs) and does not indicate a cash purchase or sale. Such grants are common for directors and executive compensation and should be viewed as routine disclosure of awarded equity rather than a direct market buy/sell signal.