Matthew R. Horvath - 01 Sep 2024 Form 4 Insider Report for STONERIDGE INC (SRI)

Role: Chief Financial Officer
Signature: /s/ Robert M. Loesch, by power of attorney
Issuer symbol: SRI
Transactions as of: 01 Sep 2024
Net transactions value: -$39,707
Form type: 4
Filing time: 04 Sep 2024, 20:42:49 UTC
Previous filing: 13 Mar 2024
Next filing: 05 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRI	Common Shares, without par value	Options Exercise	$0	+6,353	+90%	$0.000000	13,374	01 Sep 2024	Direct
transaction	SRI	Common Shares, without par value	Tax liability	$39,707	-2,769	-21%	$14.34	10,605	01 Sep 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SRI	Share Units	Options Exercise	$0	-6,353	-18%	$0.000000	28,138	01 Sep 2024	Common Shares, without par value	6,353		Direct	F1
holding	SRI	Phantom Shares						29,103	01 Sep 2024	Common Shares, without par value	29,103		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 1, 2021 the Reporting Person was granted 6,353 Shares Units pursuant to the Company's Long-Term Incentive Plan which vested on September 1, 2024 and were paid on a one-for-one basis in Company Common Shares.
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 if the Reporting Person remains employed on June 20, 2025.