Form 4: Espey Mfg & Electronics Corp: Corporate Secretary Peggy A. Murphy Reports Stock Transactions
SEC Form 4
Peggy A. Murphy, Corporate Secretary of Espey Mfg & Electronics Corp, reports the acquisition and disposal of common stock and the exercise of stock options on October 8, 2024.
Summary
- On October 8, 2024, Peggy A. Murphy, the Corporate Secretary of Espey Mfg & Electronics Corp, engaged in multiple transactions involving the company's common stock.
- Murphy acquired a total of 12,479 shares through the exercise of stock options at prices ranging from $18.05 to $27.21.
- Simultaneously, she disposed of 6,197 shares of common stock at prices ranging from $29.00 to $29.46.
- Following these transactions, Murphy directly owns 4,881 shares of common stock.
- She also holds derivative securities in the form of stock options for 36,718 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of insider trading activity. There's no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 10/10/2019 | Date of stock options exercisable, related to 2,600 shares. |
| 12/07/2020 | Date of stock options exercisable, related to 1,482 shares. |
| 12/06/2021 | Date of stock options exercisable, related to 2,500 shares. |
| 10/21/2022 | Date of stock options exercisable, related to 2,397 shares. |
| 06/12/2025 | Expiration date of stock options related to 1,500 shares. |
| 12/02/2026 | Expiration date of stock options related to 2,000 shares. |
| 10/10/2027 | Expiration date of stock options related to 2,600 shares. |
| 12/07/2028 | Expiration date of stock options related to 1,482 shares. |
| 12/06/2029 | Expiration date of stock options related to 2,500 shares. |
| 10/21/2030 | Expiration date of stock options related to 2,397 shares. |
| 10/08/2024 | Date of transactions: acquisition and disposal of common stock and exercise of stock options. |
| 10/09/2024 | Date of signature for the Form 4 filing. |
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