MACAU CARLOS L

PrivateCIK: 1551293

Location

HOLLYWOOD, FL

MACAU CARLOS L (EVP-CFO & Treasurer) exercised options at HEICO CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

MACAU CARLOS L

Filed: 11/4/2025ACC: 0001551293-25-000004

InsiderMACAU CARLOS LCIK 1551293

→

IssuerHEICO CORPCIK 46619

Officer· EVP-CFO & Treasurer

Since Dec 2019

-19.02K

Net shares

Net seller

$4.71M

Total sold

0

Open market trades

0B · 0S

3

Total transactions

40K acquired · 59.02K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+40K

Price / share

$38.37

Trade value

$1.53M

% of position

29.6%

10/31/2025

135.34K→175.34K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−19.02K

Price / share

$247.73

Trade value

$4.71M

% of position

10.8%

10/31/2025

175.34K→156.32K

Total

Net shares

+20.98K

Net value

-$3.18M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	10/31/2025	M · Option Exercise	+40K	$38.37	$1.53M	29.6%	135.34K	175.34K
Class A Common Stock Direct	10/31/2025	F · Tax Withholding	−19.02K	$247.73	$4.71M	10.8%	175.34K	156.32K
Total			+20.98K		-$3.18M

Derivative Transactions1

Option (Right to purchase Class A Common Stock)

Direct

M · Option Exercise

Converts to

Class A Common Stock

40K shares

Shares

−40K

Strike price

38.3744

Held after

57.66K

Exercisable

—

10/31/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option (Right to purchase Class A Common Stock) Direct	Class A Common Stock40K shares	10/31/2025	M · Option Exercise	−40K	38.3744	—	57.66K

Non-Derivative Holdings (Post-Transaction)3

Common Stock

Indirect

Shares owned2.02K

Class A Common Stock

Indirect

Shares owned2K

Class A Common Stock

Indirect

Shares owned2.04K

Total

6.05K indirect6.05K

Security Title	Shares Owned	Ownership Type
Common Stock	2.02K	Indirect
Class A Common Stock	2K	Indirect
Class A Common Stock	2.04K	Indirect
Total	6.05K	6.05K indirect

Derivative Holdings (Post-Transaction)4

Option (Right to purchase Common Stock)

Direct

Underlying security

Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

163.61

Expiration

—

Exercise window

—

Option (Right to purchase Class A Common Stock)

Direct

Underlying security

Class A Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

120.32

Expiration

—

Exercise window

—

Option (Right to purchase Class A Common Stock)

Direct

Underlying security

Class A Common Stock

Underlying shares

62.50K

Shares owned

62.50K

Exercise price

56.24

Expiration

—

Exercise window

—

Option (Right to purchase Class A Common Stock)

Direct

Underlying security

Class A Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

129.79

Expiration

—

Exercise window

—

Total

Underlying

162.50K

Owned

162.50K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option (Right to purchase Common Stock) Direct	Common Stock	163.61	—	—	25K	25K
Option (Right to purchase Class A Common Stock) Direct	Class A Common Stock	120.32	—	—	50K	50K
Option (Right to purchase Class A Common Stock) Direct	Class A Common Stock	56.24	—	—	62.50K	62.50K
Option (Right to purchase Class A Common Stock) Direct	Class A Common Stock	129.79	—	—	25K	25K
Total					162.50K	162.50K

MACAU CARLOS L — Insider Transaction (Form 4) Filed Nov 4, 2025 | Finecho