Form 4: Alpha Pro Tech Director Exercises and Disposes of Options
SEC Form 4 Filing
Charles Montgomery, a director at Alpha Pro Tech Ltd, executed options to acquire 33,333 shares of common stock at $3.62 and disposed of 33,333 shares.
Summary
- On March 14, 2024, Charles Montgomery, a director of Alpha Pro Tech Ltd, engaged in transactions involving the company's stock.
- Montgomery exercised options to acquire 33,333 shares of common stock at a price of $3.62 per share.
- Simultaneously, Montgomery disposed of 33,333 shares.
- Following these transactions, Montgomery directly owns 84,167 shares of Alpha Pro Tech Ltd.
- Montgomery also owns 16,667 options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The information is used by investors to understand the actions of key personnel.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/21/2021 | Date options were exercisable |
| 03/19/2022 | Date options were exercisable |
| 03/19/2024 | Expiration date of options |
| 03/14/2024 | Date of transaction: exercise of options and disposal of shares |
| 03/18/2024 | Date of signature |
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