Superior Industries International (SUP) executive Kakar received 58,748 shares
Insider transactions reported
Parveen Kakar (Senior Vice President at Superior Industries International Inc., SUP) reported that they received 58,748 shares, and acquired 22,144 shares, and gave up 35,270 shares at $3.47 to cover taxes or an exercise price on Mar 2, 2024. After these transactions the filing shows 61,095 shares held directly.
- Reporting person
- Kakar Parveen
- Role
- Senior Vice President
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 2, 2024 | Exercise or conversion of a derivative (M) | Common Stock | +22,144 | - | - | 33,348 direct |
| Mar 2, 2024 | Shares withheld for taxes or exercise price (F) | Common Stock1 | -35,270 | avg $3.47 | $122K | 61,095 direct |
| Mar 2, 2024 | Grant or award (A) | Common Stock2 | +58,748 | - | - | 86,710 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 2, 2024 | Exercise or conversion of a derivative (M) | Restricted Stock UnitOn 22,144 Common Stock3, 4, 5 | -22,144 | - | - | 49,977 direct |
Holdings before and after
- Common Stock: 15,473 to 61,095 direct
- Restricted Stock Unit: 72,121 to 49,977 direct
Footnotes from the filing
- 1. These shares were withheld for the payment of taxes due upon the settlement of restricted stock units granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
- 2. Shares acquired upon settlement of performance-based restricted stock units relating to the three-year performance period ending December 31, 2023, granted under the 2018 Equity Incentive Plan.
- 3. Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
- 4. The restricted stock units vest ratably in three equal installments on May 25, 2022, March 2, 2023 and March 2, 2024.
- 5. The restricted stock units vest ratably in three equal installments on March 2, 2023, March 2, 2024 and March 2, 2025.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Kakar report in this SUP Form 4?
Parveen Kakar (Senior Vice President at Superior Industries International Inc., SUP) reported that they received 58,748 shares, and acquired 22,144 shares, and gave up 35,270 shares at $3.47 to cover taxes or an exercise price on Mar 2, 2024. After these transactions the filing shows 61,095 shares held directly.
How many SUP shares does Kakar hold after this filing?
The filing shows 61,095 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for SUP
Earlier insider filings at SUP
- Mar 5, 2024Trenary Timothy converted options into 31,484 shares, covered exercise/tax liability with 49,336 shares and was granted 81,668 shares, increasing direct ownership by 45% to 206,027 units (SEC Form 4)
- Mar 5, 2024Dorah Michael converted options into 23,850 shares, covered exercise/tax liability with 34,085 shares and was granted 54,322 shares, increasing direct ownership by 188% to 67,579 units (SEC Form 4)
- Jan 12, 2024Mill Road Capital Iii, L.P. acquired 16,204 shares (SEC Form 4)
- Oct 24, 2023Mill Road Capital Iii, L.P. exercised 32,300 in-the-money shares at a strike of $5.00 (SEC Form 4)
- Sep 12, 2023SEC Form 4: Mill Road Capital Iii, L.P. exercised 15,000 in-the-money shares at a strike of $5.00
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Auto Parts:O.E.M.
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