Sklarsky Frank S 4

What Happened
Frank S. Sklarsky, a director of Stoneridge Inc. (SRI), received an award of 23,478 restricted common shares on March 16, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (typical for grants); the filing shows no immediate cash purchase or sale.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 23,478 restricted common shares; per filing price reported $0.00.
• Vesting / forfeiture condition: Footnote — shares are pursuant to the 2025 Long‑Term Incentive Plan and “no longer subject to substantial risk of forfeiture” on March 16, 2027 (i.e., expected vest date).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No 10b5-1 plan, cashless sale, tax‑withholding, or late‑filing flag indicated in the filing excerpt.

Context
Restricted share awards are a form of compensation tied to future vesting/forfeiture conditions; they are not an open‑market purchase or sale and generally reflect company compensation policy rather than an immediate buy/sell signal. The award will typically convert to freely tradable shares (absent other restrictions) once the forfeiture risk lapses on March 16, 2027.