Downing Steven R bought VOXX

January 5, 2024 · Form 4 insider transaction

Downing Steven R bought 1,568,750 shares of VOXX Incorporated at $10.00 per share, a transaction worth $15.69M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 3 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,568,750
Price
$10.00
Total value
$15.69M
RoleOfficer
SecurityClass A Common Stock
Transaction codeP: Open-market purchase
Transaction dateJanuary 5, 2024
Filing dateJanuary 8, 2024
Shares owned after3,312,558
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

This transaction was executed pursuant to a Stock Purchase Agreement between Gentex Corporation as Purchaser, and Avalon Park International LLC and Avalon Park Group Holding AG, as Sellers.; The reported number of shares are owned directly by Gentex Corporation, of which Mr. Downing is the Chief Executive Officer. Accordingly, by virtue of Mr. Downing's relationship with Gentex, Mr. Downing may be deemed to beneficially own the shares of the Company's Class A Common Stock owned directly by Gentex. Mr. Downing disclaims beneficial ownership of the shares of Company Class A Common Stock owned directly by Gentex except to the extent of his pecuniary interest.

View the original Form 4 on SEC EDGAR