Form 4: Espey Mfg & Electronics Corp Director Michael Wool Reports Gift of Common Stock

Director Michael Wool reported a gift of 100 shares of Espey Mfg & Electronics Corp common stock to a family member on April 11, 2025.

Summary

• On April 11, 2025, Michael Wool, a director of Espey Mfg & Electronics Corp, reported a transaction.
• The transaction involved a gift of 100 shares of common stock to a family member.
• Following the transaction, Wool directly owns 14,900 shares of Espey Mfg & Electronics Corp.
• The gift was executed at a price of $0.00 per share.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to a gift, which doesn't inherently reflect positive or negative sentiment regarding the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects a gift transaction, which doesn't necessarily indicate a change in the director's outlook on the company's performance.

Stakeholder Impact

• The transaction has minimal impact on stakeholders as it is a small gift of shares by a director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Michael Wool, ESPEY MFG & ELECTRONICS CORP, ESP, Gift, Common Stock