Benedict Susan C. 4

What Happened Susan C. Benedict, Stoneridge Inc.'s Chief Human Resources Officer and Assistant General Counsel, received a grant of 46,376 derivative share units (reported as an award) on March 16, 2026. The grant is reported at $0.00 per unit because these are equity awards/derivatives (not a cash purchase). The award does not represent immediate common-share ownership and will vest over time per the plan terms.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely).
• Reported transaction type/code: A (Award/Grant); reported price $0.00 (derivative).
• Quantity: 46,376 share units reported.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote highlights:
  • F1: The share units are payable one-for-one in company common shares and vest in three equal annual installments on March 16 of 2027, 2028 and 2029, subject to continued employment.
  • F2: The filing also references phantom shares under the LTIP that are cash-settled and will pay the fair market value on vesting (Jan 21, 2027) if the reporting person remains employed; the phantom-share count is not separately detailed in the excerpt.
• No indicator of a 10b5-1 plan, tax withholding sale, or late filing in the provided information.

Context This was a standard equity compensation grant under Stoneridge’s Long-Term Incentive Plan. The award is a derivative/vesting instrument (restricted share units and referenced phantom shares) and does not indicate an immediate buy or sell of stock; it vests over time and is contingent on continued employment. Equity awards are common for executives and mainly reflect compensation design rather than a direct signal of near-term insider buying or selling.