Satterfield Daniel 4
4 · StandardAero, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
StandardAero (SARO) CFO Daniel Satterfield Sells Shares to Cover Taxes
What Happened
Daniel Satterfield, Chief Financial Officer & Treasurer of StandardAero (SARO), reported multiple equity transactions around April 15–16, 2026. The only cash sale was 2,306 shares sold in an open-market transaction on April 16 at $27.36 per share for proceeds of $63,092. On April 15 he also had derivative-related activity (8,538 shares exercised/converted and a corresponding $0 disposition) and received awards/grants totaling 83,257 RSU-type units (26,616 and 56,641 shares reported as acquisitions at $0).
Key Details
- Transactions reported: April 15–16, 2026; filing date April 17, 2026 (filing appears timely).
- Sale: 2,306 shares sold on 2026-04-16 at $27.36 — proceeds $63,092 (open market sale). Footnote F2 states the sale was to cover tax withholding obligations from RSU vesting.
- Derivative activity: 8,538 shares reported as exercise/conversion of a derivative on 2026-04-15 (codes M); the filing shows a $0 disposition for those derivative shares.
- Grants: Two awards reported on 2026-04-15 — 26,616 RSUs and 56,641 RSUs (total 83,257 RSUs) acquired at $0. Footnote F1: each RSU converts to one share upon settlement.
- Vesting notes: One RSU grant vests in three equal annual installments beginning 4/15/2026 (F3); the other RSU grant vests in three equal annual installments beginning 4/15/2027 (F4). A related stock option vests in three equal annual installments beginning 4/15/2027 (F5).
- Shares owned after the transactions: not disclosed in the filing.
- Filing exhibits: Exhibit 24.1 Power of Attorney noted.
Context
The open-market sale was routine tax-withholding related to RSU vesting (not an independent investment sell-off). The April 15 derivative entries reflect option/derivative exercise or conversion and RSU awards rather than a market purchase; the $0 dispositions likely indicate conversion/settlement mechanics (e.g., net settlement or internal reclassification). For retail investors, tax-related sales tied to equity compensation are common and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-15+8,538→ 8,538 total - Sale
Common Stock
[F2]2026-04-16$27.36/sh−2,306$63,092→ 6,232 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-04-15−8,538→ 17,077 total→ Common Stock (8,538 underlying) - Award
Restricted Stock Units
[F1][F4]2026-04-15+26,616→ 26,616 total→ Common Stock (26,616 underlying) - Award
Employee Stock Option (right to buy)
[F5]2026-04-15+56,641→ 56,641 totalExercise: $27.24Exp: 2036-04-15→ Common Stock (56,641 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
- [F3]The RSUs vest in three equal annual installments beginning on April 15, 2026.
- [F4]The RSUs vest in three equal annual installments beginning on April 15, 2027.
- [F5]The stock option vests in three equal annual installments beginning on April 15, 2027.