Gentex (GNTX) General Counsel gets stock grants, sells 9,024 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENTEX CORP General Counsel Ryan Scott P reported multiple stock transactions in Gentex common shares. He acquired 11,000 shares on February 19, 2026 and 25,782 shares on February 17, 2026 as grants, both at a stated price of $0.00 per share. The 25,782-share grant is performance-based, with the total tied to long-term incentives and vesting 100% three years from the grant date.
On February 17, 2026, he disposed of shares to cover tax obligations, delivering 11,492 shares and 2,907 shares at $24.89 per share. He also executed open-market sales of 7,145 shares and 1,879 shares at an average price of $24.7302 per share, totaling 9,024 shares sold. After these transactions, he directly owned 44,279 Gentex shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,024 shares ($223,165)
Net Sell
6 txns
Insider
Ryan Scott P
Role
General Counsel
Sold
9,024 shs ($223K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,000 | $0.00 | -- |
| Grant/Award | Common Stock | 25,782 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,492 | $24.89 | $286K |
| Tax Withholding | Common Stock | 2,907 | $24.89 | $72K |
| Sale | Common Stock | 7,145 | $24.7302 | $177K |
| Sale | Common Stock | 1,879 | $24.7302 | $46K |
Holdings After Transaction:
Common Stock — 55,279 shares (Direct)
Footnotes (1)
- 25,782 shares are performance-based shares where the total number of shares granted were based on long term performance incentives. Shares purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan These shares vest 100% three years from grant award date.
FAQ
What insider transactions did Gentex (GNTX) General Counsel report?
Gentex General Counsel Ryan Scott P reported stock grants and disposals. He received 11,000 and 25,782 common shares as awards, then disposed of shares for taxes and sold 9,024 shares in open-market trades, ending with direct ownership of 44,279 shares.
What stock awards did the Gentex (GNTX) General Counsel receive?
He received two common stock awards: 11,000 shares on February 19, 2026 and 25,782 shares on February 17, 2026. The 25,782-share award is performance-based, tied to long-term incentives, and is scheduled to vest 100% three years from the grant award date.
Are any Gentex (GNTX) insider awards performance-based or subject to vesting?
Yes. The 25,782-share award reported by the General Counsel is performance-based, with the total tied to long-term performance incentives. According to the disclosure, these shares are scheduled to vest 100% three years from the grant award date, subject to conditions.