Mill Road Capital III, L.P. bought SUP
January 11, 2024 · Form 4 insider transaction
Mill Road Capital III, L.P. bought 16,204 shares of Superior Industries International, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents the Reporting Persons' acquisition of an indirect pecuniary interest in restricted stock units ("RSUs") granted by the issuer to Mr. Petito in accordance with Rule 16b-3(d) (as described in transaction code "A") as compensation for serving as a member of the issuer's board of directors. Pursuant to a pre-existing contractual obligation, Mill Road Capital Management, LLC, an affiliate of the Reporting Persons that does not have Section 13(d) beneficial ownership of any securities of the issuer, has the right to receive the economic benefit of the reported shares and, accordingly, Mr. Petito has no direct pecuniary interest in such shares. The Reporting Persons disclaim beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.