MENDELSON VICTOR H (Co-President) exercised options at HEICO CORP

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

M · 1 exercise

MENDELSON VICTOR H

Filed: 11/4/2025ACC: 0001031082-25-000010

InsiderMENDELSON VICTOR HCIK 1031082

→

IssuerHEICO CORPCIK 46619

DirectorOfficer· Co-President

Since Oct 2018

-37.93K

Net shares

Net seller

$12.05M

Total sold

Open market trades

0B · 0S

Total transactions

80K acquired · 117.93K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+80K

Price / share

$44.96

Trade value

$3.60M

% of position

6.5%

10/31/2025

1.23M→1.31M

Common Stock

Direct

F · Tax Withholding

−37.93K

Price / share

$317.77

Trade value

$12.05M

% of position

2.9%

10/31/2025

1.31M→1.28M

Total

Net shares

+42.07K

Net value

-$8.46M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/31/2025	M · Option Exercise	+80K	$44.96	$3.60M	6.5%	1.23M	1.31M
Common Stock Direct	10/31/2025	F · Tax Withholding	−37.93K	$317.77	$12.05M	2.9%	1.31M	1.28M
Total			+42.07K		-$8.46M

Derivative Transactions1

Option (Right to purchase Common Stock)

Direct

M · Option Exercise

Converts to

Common Stock

80K shares

−80K

Strike price

44.9638

Held after

115.31K

Exercisable

—

10/31/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option (Right to purchase Common Stock) Direct	Common Stock80K shares	10/31/2025	M · Option Exercise	−80K	44.9638	—	115.31K

Non-Derivative Holdings (Post-Transaction)14

Class A Common Stock

Indirect

Shares owned19.14K

Common Stock

Indirect

Shares owned93.14K

Class A Common Stock

Indirect

Shares owned16.13K

Class A Common Stock

Indirect

Shares owned137.20K

Common Stock

Indirect

Shares owned568.14K

Common Stock

Indirect

Shares owned172.51K

Class A Common Stock

Indirect

Shares owned88.37K

Class A Common Stock

Direct

Shares owned218.57K

Class A Common Stock

Indirect

Shares owned191.44K

Common Stock

Indirect

Shares owned28.81K

Common Stock

Indirect

Shares owned921.00

Class A Common Stock

Indirect

Shares owned8.46K

Common Stock

Indirect

Shares owned4.07K

Common Stock

Indirect

Shares owned4.76K

Total

218.57K direct·1.33M indirect1.55M

Security Title	Shares Owned	Ownership Type
Class A Common Stock	19.14K	Indirect
Common Stock	93.14K	Indirect
Class A Common Stock	16.13K	Indirect
Class A Common Stock	137.20K	Indirect
Common Stock	568.14K	Indirect
Common Stock	172.51K	Indirect
Class A Common Stock	88.37K	Indirect
Class A Common Stock	218.57K	Direct
Class A Common Stock	191.44K	Indirect
Common Stock	28.81K	Indirect
Common Stock	921.00	Indirect
Class A Common Stock	8.46K	Indirect
Common Stock	4.07K	Indirect
Common Stock	4.76K	Indirect
Total	1.55M	218.57K direct·1.33M indirect

Derivative Holdings (Post-Transaction)4

Option (Right to purchase Common Stock)

Direct

Underlying security

Common Stock

Underlying shares

125K

Shares owned

125K

Exercise price

70.656

Expiration

—

Exercise window

—

Option (Right to purchase Common Stock)

Direct

Underlying security

Common Stock

Underlying shares

125K

Shares owned

125K

Exercise price

134.70

Expiration

—

Exercise window

—

Option (Right to purchase Common Stock)

Direct

Underlying security

Common Stock

Underlying shares

62.50K

Shares owned

62.50K

Exercise price

163.35

Expiration

—

Exercise window

—

Option (Right to purchase Common Stock)

Direct

Underlying security

Common Stock

Underlying shares

62.50K

Shares owned

62.50K

Exercise price

163.61

Expiration

—

Exercise window

—

Total

Underlying

375K

Owned

375K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option (Right to purchase Common Stock) Direct	Common Stock	70.656	—	—	125K	125K
Option (Right to purchase Common Stock) Direct	Common Stock	134.70	—	—	125K	125K
Option (Right to purchase Common Stock) Direct	Common Stock	163.35	—	—	62.50K	62.50K
Option (Right to purchase Common Stock) Direct	Common Stock	163.61	—	—	62.50K	62.50K
Total					375K	375K