Downing Steven R. Power - 18 Feb 2025 Form 4 Insider Report for GENTEX CORP (GNTX)

Signature
/s/ Scott Ryan for Downing Steven R by Power of Attorney
Issuer symbol
GNTX
Transactions as of
18 Feb 2025
Net transactions value
-$1,595,644
Form type
4
Filing time
19 Feb 2025, 16:10:29 UTC
Previous filing
02 Apr 2025
Next filing
21 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNTX Common Stock Award $0 +51,878 +31% $0.000000 216,701 18 Feb 2025 Direct F1, F2
transaction GNTX Common Stock Tax liability $1,277,392 -51,878 -24% $24.62 164,823 18 Feb 2025 Direct F3
transaction GNTX Common Stock Tax liability $318,252 -12,925 -7.8% $24.62 151,898 18 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 51,878 shares are performance based shares where the total number of shares granted were based on long term performance incentives.
F2 Shares purchased through the Gentex Corporation Employee Stock Purchase Plan, a Section 423(b) plan
F3 This transaction was executed in multiple trades at prices ranging from $24.36 to $24.78. The price reported above reflects the weighted average price.