Form 4: Espey Mfg & Electronics Director Gifts 100 Shares of Common Stock

A director and 10% owner of Espey Mfg & Electronics Corp, Michael W. Wool, gifted 100 shares of common stock valued at $8.98 per share.

Summary

• Michael W. Wool, a Director and 10% Owner of Espey Mfg & Electronics Corp (ESP), reported a gift transaction.
• On July 28, 2025, Mr. Wool disposed of 100 shares of Common Stock with a par value of $0.33 1/3.
• The shares were valued at $8.98 per share for the purpose of the gift.
• Following this transaction, Mr. Wool directly beneficially owns 16,400 shares of Common Stock.
• Additionally, Mr. Wool holds 16,542 unexercised stock options.

Sentiment

Score: 5

Explanation: The transaction is a small gift of shares by a director, which is a neutral event for the company's operational or financial performance. It represents a minor change in beneficial ownership for the reporting person.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This filing reports a routine insider transaction (a gift of shares) and does not provide broader industry context or trends. Such transactions are common for directors and executives managing their personal holdings.

Related Party Transactions

• Michael W. Wool, a Director and 10% Owner, gifted 100 shares of common stock to a family member, as indicated by the 'G' transaction code.

Stakeholder Impact

• Shareholders: The transaction represents a minor change in the beneficial ownership of a director, with minimal direct impact on the company's stock price or overall shareholder value due to its small size.

Key Dates

Keywords

Espey Mfg & Electronics Corp, ESP, Form 4, Insider Transaction, Stock Gift, Director Ownership, Equity Disclosure