Form 4: Espey Mfg & Electronics Corp: Corporate Secretary Peggy A. Murphy Reports Stock Transactions
SEC Form 4 Filing
Peggy A. Murphy, Corporate Secretary of Espey Mfg & Electronics Corp, reports the exercise of stock options and subsequent sale of shares on October 4, 2024.
Summary
- On October 4, 2024, Peggy A. Murphy, Corporate Secretary of Espey Mfg & Electronics Corp, executed transactions involving the company's common stock.
- Murphy exercised stock options for 1,353 shares at a price of $18.05 per share.
- Following the exercise, Murphy sold a total of 1,353 shares in multiple transactions at prices ranging from $29.00 to $29.965 per share.
- After these transactions, Murphy directly owns 0 shares of common stock.
- Murphy also owns 13,497 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports factual stock transactions without expressing any positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market 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 |
|---|---|
| 10/21/2022 | Date exercisable for stock options |
| 10/04/2024 | Date of stock option exercise and stock sales |
| 10/21/2030 | Expiration date for stock options |
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