Benedict Susan C. 4
4 · STONERIDGE INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Stoneridge (SRI) CHRO Susan Benedict Receives Award
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.
Insider Transaction Report
- Award
Share Units
[F1]2026-03-16+46,376→ 102,791 total→ Common Shares, without par value (46,376 underlying)
- 17,244
Common Shares, without par value
- 45,029
Phantom Shares
[F2]From: 2027-01-31Exp: 2027-01-31→ Common Shares, without par value (45,029 underlying)
Footnotes (2)
- [F1]Share Units granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan, payable on a one-for-one basis in Company common shares, vesting ratably in equal annual installments of one-third (1/3) on each of March 16, 2027, March 16, 2028, and March 16, 2029, subject to the Reporting Person's continued employment on each applicable vesting date.
- [F2]Phantom Shares granted to the Reporting Person pursuant to the Company's Long-Term Incentive Plan. Each Phantom Share is the economic equivalent of one Company Common Share and will be paid in cash equal to the fair market value of one Company Common Share on the vesting date of January 21, 2027 if the Reporting Person remains employed on that date.