Form 4: Acme United Corp: Officer Brian Olschan Reports Stock Option Exercises and Tax Withholding
SEC Form 4
Brian Olschan, President and COO of Acme United Corp, reports exercising stock options and related tax withholding on July 22, 2024.
Summary
- On July 22, 2024, Brian S. Olschan, President and COO of Acme United Corp, exercised employee stock options.
- He exercised 4,000 options at a price of $19.18 and 9,255 options at a price of $21.49.
- The exercises were conducted on a net share settlement basis.
- A total of 2,966 and 7,140 shares were withheld for tax purposes at a price of $39.16.
- Following these transactions, Olschan directly owns 44,252 shares of common stock and holds options for 307,445 more shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock option exercises and tax withholding, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity, but it's a routine event.
- The transaction has no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/24/2019 | Date the employee stock options for 4,000 shares became exercisable. |
| 02/24/2025 | Expiration date for the employee stock options for 4,000 shares. |
| 08/03/2020 | Date the employee stock options for 9,255 shares became exercisable. |
| 08/03/2026 | Expiration date for the employee stock options for 9,255 shares. |
| 07/22/2024 | Date of stock option exercise and tax withholding. |
| 07/24/2024 | Date of signature on the Form 4 filing. |
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