Form 4: IEH Corp CFO Exercises Options, Sells Shares

IEH Corp's CFO and Treasurer, Subrata Purkayastha, exercised options to acquire 15,000 shares of common stock and subsequently sold a portion to cover the exercise price.

Summary

• Subrata Purkayastha, CFO and Treasurer of IEH Corp, exercised options to acquire 15,000 shares of common stock on March 10, 2026.
• The exercise price for these options was $5.65 per share.
• Concurrently, 4,461 shares were disposed of at a price of $19 per share to satisfy the exercise price and related tax obligations.
• Following these transactions, Purkayastha directly beneficially owns 10,539 shares of IEH Corp common stock.
• After exercising 15,000 options, 35,000 options to purchase common stock remain beneficially owned. These options have an exercise price of $5.65, became exercisable on April 26, 2024, and expire on April 26, 2034.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as the CFO exercised a significant number of options, demonstrating confidence. The subsequent sale of shares is a standard practice to cover costs and taxes, not necessarily a negative indicator of future performance.

Positives

• An insider, the CFO and Treasurer, exercised a significant number of options (15,000 shares), which can be interpreted as a signal of confidence in the company's long-term prospects.
• The exercise price of $5.65 is significantly lower than the $19 price at which shares were disposed, indicating a substantial in-the-money value for the options.

Negatives

• A portion of the acquired shares (4,461 shares) was immediately sold, which, while common for covering exercise costs and taxes, reduces the insider's net new direct ownership.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

IEH Corp, IEHC, Subrata Purkayastha, CFO, Treasurer, Form 4, insider transaction, stock options, beneficial ownership, equity, common stock