Kaplan Ira C. 4
Research Summary
AI-generated summary
Stoneridge (SRI) Director Ira C. Kaplan Receives 23,478-Share Award
What Happened
- Ira C. Kaplan, a director of Stoneridge Inc. (SRI), was granted 23,478 restricted common shares on March 16, 2026. The Form 4 reports the acquisition price as $0.00 per share (total $0 on the filing), reflecting a grant/award of restricted stock rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-16
- Transaction type/code: Award/Grant (A) — 23,478 restricted common shares acquired at $0.00 per share
- Vesting/notable footnote: These restricted shares were granted under the 2025 Long-Term Incentive Plan and will no longer be subject to substantial risk of forfeiture on March 16, 2027 (one-year vesting per footnote).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing date and timeliness: Form filed 2026-03-18 for a 2026-03-16 transaction — appears timely (within the SEC’s 2-business-day reporting window).
Context
- This was a compensation award of restricted stock, common for directors and employees; it is not an open-market purchase or sale. Such grants reflect compensation/retention practices and do not necessarily indicate the insider’s personal buying or selling sentiment. The $0.00 price on the Form 4 is a reporting convention for granted restricted shares and does not mean the shares lack value.
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