Stoneridge grants CFO Horvath and CHRO Benedict 29,103 phantom shares each under retention program

STONERIDGE INC

CFO Matthew Horvath and CHRO Susan Benedict each granted 29,103 phantom shares on June 20, 2023.
Phantom shares vest on June 20, 2025, contingent on continued employment with Stoneridge.
Payout in cash equal to 30-day VWAP plus dividend equivalents accrued from grant date.
Grant also covers CEO's direct staff and other key employees as part of retention effort.

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