Hartman Robert J. Jr. 4

What Happened
Robert J. Hartman Jr., Chief Accounting Officer of Stoneridge, was granted 40,611 restricted share units (derivative securities) on March 16, 2026. The grant was recorded at $0.00 per unit (no cash exchanged at grant). These units are payable one-for-one in Stoneridge common shares and vest in three equal annual installments on March 16, 2027, 2028 and 2029, subject to continued employment.

Key Details

• Transaction date: 2026-03-16; Filing date (Accession): 2026-03-18 (timely Form 4 filing).
• Security: 40,611 restricted share units (derivative); grant price reported as $0.00.
• Vesting: 1/3 on each of 3/16/2027, 3/16/2028, 3/16/2029, contingent on continued employment (see footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Units granted under the Company’s Long-Term Incentive Plan, payable one-for-one in common shares upon vesting.
• Filing status: No indication this was late; reported within two business days of the transaction.

Context
This was a compensation award (not a purchase or sale). Such grants are common as part of executive pay packages and represent future company equity rather than an immediate cash investment or divestiture. The units only convert to actual shares if vesting conditions are met.