Schaum Richard O 4
Research Summary
AI-generated summary
GENTEX (GNTX) Director Richard O. Schaum Receives 5,626-Share Award
What Happened Richard O. Schaum, a director of GENTEX Corp (GNTX), received a grant of 5,626 shares on 2026-05-21. The shares were reported as an award/acquisition at $0.00 per share (total reported value $0), meaning no cash purchase was made at grant.
Key Details
- Transaction date: 2026-05-21; SEC filing date: 2026-05-22 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 5,626 at $0.00 (total $0 reported).
- Vesting: These shares vest 100% one year from the grant award date (footnote F1).
- Shares owned after the transaction: Not specified in the filing.
- No 10b5-1 plan, tax-withholding, or sale indicated in this filing.
Context Equity awards to directors are common as part of compensation and do not represent an open-market purchase or sale. Because the shares vest in one year, Schaum will not have immediate control of the full award until the vesting date. This transaction is informational for investors tracking insider compensation and ownership but does not itself signal a market buy or sell.