Steven G. Fishbach - 10 Mar 2025 Form 4 Insider Report for TPI COMPOSITES, INC (TPIC)

Role
General Counsel and Secretary
Signature
/s/ Steven G. Fishbach, Attorney-in-Fact
Issuer symbol
TPIC
Transactions as of
10 Mar 2025
Net transactions value
-$2,123
Form type
4
Filing time
12 Mar 2025, 16:02:04 UTC
Previous filing
25 Feb 2025
Next filing
20 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPIC Common Stock Options Exercise $0 +6,575 +5.8% $0.000000 119,845 10 Mar 2025 Direct
transaction TPIC Common Stock Tax liability $2,123 -2,081 -1.7% $1.02 117,764 10 Mar 2025 Direct F1

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 TPIC Restricted Stock Units Options Exercise $0 -6,575 -100% $0.000000 0 10 Mar 2025 Common Stock 6,575 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 6,575 restricted stock units ("RSUs").
F2 100% of the RSUs vested in full on the third anniversary of the grant date; provided that the Reporting Person continues to provide service to the Issuer through the vesting date. The RSUs do not have an expiration date.
F3 Each RSU represents a contingent right to receive one share of the common stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from Issuer.