Majdi Abulaban - 19 May 2024 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role
Chief Executive Officer, Director
Signature
/s/ David M Sherbin, Attorney-in-Fact
Issuer symbol
SUP
Transactions as of
19 May 2024
Net transactions value
-$106,949
Form type
4
Filing time
21 May 2024, 08:58:14 UTC
Previous filing
02 Apr 2024
Next filing
07 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUP Common Stock Options Exercise $0 +67,204 +4% $0.000000 1,744,594 19 May 2024 Direct
transaction SUP Common Stock Tax liability $106,949 -29,301 -1.7% $3.65 1,715,293 19 May 2024 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 SUP Restricted Stock Unit Options Exercise $0 -67,204 -12% $0.000000 502,621 19 May 2024 Common Stock 67,204 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld for the payment of taxes due upon the settlement of restricted stock units granted to the Reporting Person under the Company's 2018 Equity Incentive Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock of Superior Industries International, Inc.
F3 The restricted stock units vest and settle in stock in three approximately equal installments on May 19, 2024, March 2, 2025 and March 2, 2026.