Alan Schriesheim, a director at HEICO Corp, has reported a recent transaction that increases his ownership in the company. This move is significant as it demonstrates Schriesheim's confidence in HEICO's future prospects within the competitive aircraft engines and engine parts industry.
According to the SEC filing dated October 13, 2026, Schriesheim acquired an additional 795 shares of Class A Common Stock on October 8, 2026, at a price of $220.3043 per share. Following this transaction, he now holds a total of 1,202 shares of Class A Common Stock directly.
HEICO Corp, identified by CIK 0000046619, operates in the aircraft engines and engine parts sector, classified under the SIC code 3724. The company is known for its innovative solutions in aviation and defense, making it a significant player in its industry.
In addition to his direct holdings, Schriesheim has indirect ownership of shares through various plans. He holds 11,333 shares of common stock and 6,416 shares of Class A Common Stock through the HEICO Corporation Leadership Compensation Plan (409A Plan). Furthermore, he has 10,488 shares of Class A Common Stock held by the estate of his deceased spouse.
The filing highlights Schriesheim's ongoing involvement and commitment to HEICO Corp, which may have implications for investor sentiment and market perception. As a director, his actions are closely watched by shareholders and industry analysts alike.
Details were not available in the SEC filing regarding future transactions or plans. However, Schriesheim's recent activity indicates a proactive approach to managing his investment in HEICO Corp.