4/A: Flux Power Holdings Executive Corrects Stock Purchase Details in Amended SEC Filing
SEC Filing
Jeffrey Curtis Mason, Vice President of Operations at Flux Power Holdings, files an amended Form 4 to correct the number of shares purchased under the company's Employee Stock Purchase Plan.
Summary
- Jeffrey Curtis Mason, Vice President of Operations at Flux Power Holdings, filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares purchased under the 2023 Employee Stock Purchase Plan (ESPP).
- The original filing on April 1, 2024, incorrectly stated the purchase as 1,281 shares.
- The corrected filing shows the purchase of 1,285 shares on March 28, 2024, at a price of $2.8 per share.
- Following the transaction, Mason directly owns 3,552 shares of Flux Power Holdings.
- The purchase was exempt under Rule 16b-3(c) of the Securities Exchange Act.
- The purchase price was 85% of the closing price on the offering date, which was $3.30.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company executive is invested in the company's stock.
Stakeholder Impact
- The correction of the number of shares purchased by a company executive provides more accurate information to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2023 | Start of the offering period for the 2023 Employee Stock Purchase Plan |
| 03/28/2024 | Date of the stock purchase transaction |
| 03/31/2024 | End of the offering period for the 2023 Employee Stock Purchase Plan |
| 04/01/2024 | Date of original Form 4 filing |
| 04/04/2024 | Date of amended Form 4/A filing |
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