ORTHWEIN PETER BUSCH 4
Research Summary
AI-generated summary
Thor Industries (THO) Director Peter Orthwein Gifts 10,000 Shares
What Happened
- Peter Busch Orthwein, a director of Thor Industries (THO), reported gift transactions on June 16, 2026. The filing shows a disposition by gift of 10,000 shares at $0.00 and an acquisition by gift of 500 shares at $0.00. Total reported value for these transfers is $0.
- The filing’s footnotes explain that the 500 shares reported as acquired are part of the 10,000 shares referenced in the disposition.
Key Details
- Transaction date: 2026-06-16; Filing date: 2026-06-17 (filed the next day, appears timely).
- Transaction types/codes: G = Gift. Price per share reported: $0.00; total value reported: $0.
- Shares owned after transaction: not specified in the excerpt of the filing.
- Notable footnotes:
- F1: Shares are bona fide gifts.
- F2: The 500 shares reported as acquired represent 500 of the 10,000 gifted shares.
- F10 and others (F3–F9): Many reported shares are held in various trusts and accounts (e.g., PBO‑BMO Descendants Trust, Peter Orthwein Irrevocable Trust, spouse’s account, GRATs). F10 notes Orthwein is sole trustee of one trust but disclaims beneficial ownership except to the extent of pecuniary interest of himself, his spouse and three youngest children.
- No indication of option exercises, open-market purchases, or sales for cash in this filing.
Context
- Gifts are transfers of ownership and generally do not signal a trading view on the company’s stock; they are often estate‑planning or family transfers.
- Several footnotes show holdings structured through trusts and trustee relationships; such holdings can complicate whether the reporting person is treated as the beneficial owner for disclosure purposes.