Sec Form 4 Filing - Orsini Salvatore D. @ STONERIDGE INC - 2025-02-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Orsini Salvatore D.
2. Issuer Name and Ticker or Trading Symbol
STONERIDGE INC [ SRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Procurement Officer
(Last) (First) (Middle)
C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
02/28/2025
(Street)
NOVI, MI48377
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, without par value 02/28/2025 M 11,641 A 11,641 D
Common Shares, without par value 02/28/2025 D 11,641 D 0 D
Common Shares, without par value 02/28/2025 M 4,175 ( 2 ) A $ 0 4,175 D
Common Shares, without par value 02/28/2025 A 5,101 ( 3 ) A $ 0 9,276 D
Common Shares, without par value 02/28/2025 F 3,144 D $ 5.62 6,132 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Shares ( 4 ) 02/28/2025 M 11,641 06/20/2025 06/20/2025 Common Shares, without par value 11,641 $ 0 0 D
Share Units ( 5 ) 02/28/2025 M 8,981 ( 5 ) ( 5 ) Common Shares, without par value 8,981 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Orsini Salvatore D.
C/O STONERIDGE, INC.
39675 MACKENZIE DRIVE, SUITE 400
NOVI, MI48377
Chief Procurement Officer
Signatures
/s/ Robert M. Loesch, by power of attorney 03/04/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each phantom share was the economic equivalent of one Company common share. The reporting person received cash for each phantom share.
( 2 )4,806 Share Units were forfeited to the Company on February 28, 2025.
( 3 )Vesting of Performance Shares in connection with the Reporting Person's termination of employment on February 28, 2025 pursuant to grants of Performance Shares made to the Reporting Person on March 11, 2024 and March 13, 2023 under the Company's Long-Term Incentive Plan, payable upon a one-for-one basis in Company Common Shares.
( 4 )Each Phantom Share is the economic equivalent of one Company Common Share and was paid in cash equal to the fair market value of one Company Common Share upon the Reporting Person's termination of employment on February 28, 2025.
( 5 )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 if the Reporting Person remains employed on the third anniversary of the date of grant. The Board's Compensation Committee accelerated vesting of 4,175 Shares Units to February 28, 2025, in connection with the Reporting Person's termination of employment.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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