Newman Andrea Fischer 4
Research Summary
AI-generated summary
StandardAero (SARO) Director Andrea Fischer Newman Receives 5,903 Shares
What Happened
- Andrea Fischer Newman, a director of StandardAero, converted/vested 5,903 shares of restricted Common Stock into common shares on 2026-01-21. The Form 4 records an exercise/conversion of a derivative (code M) showing 5,903 shares acquired at $0.00 and a matching derivative disposition entry. No cash was paid in the transaction; the filing indicates these shares vest one-for-one as common stock.
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-22 (timely).
- Shares involved: 5,903 acquired at $0.00 (no cash consideration).
- Filing entries: exercise/conversion of a derivative (M) and matching derivative disposition—reflects conversion/vesting into common shares.
- Footnote: F1 — "Represents the vesting of restricted Common Stock. The restricted Common Stock has no expiration date and vests as Common Stock on a one-for-one basis."
- Shares owned after transaction: not specified in the excerpt of the filing.
- Remarks: Exhibit 24 — Power of Attorney.
Context
- Although coded as a derivative exercise (M), the footnote clarifies this was a vesting of restricted stock rather than a cash exercise; there is no record of an immediate sale. Vesting of awards is typically routine compensation-related activity and does not by itself indicate an insider buying or selling for speculative reasons.