Form 4: IEH Corp Director Brian Glenn Acquires 5,000 Non-Qualified Options
SEC Form 4 Filing
Director Brian Glenn acquired 5,000 non-qualified options in IEH Corp on October 26, 2023.
Summary
- On October 26, 2023, Brian Glenn, a director of IEH Corp, acquired 5,000 non-qualified options.
- The options have an exercise price of $8.
- The options are exercisable immediately and expire on October 26, 2033.
- The underlying security for the options is common stock, par value $0.01.
- Following the transaction, Mr. Glenn directly owns 5,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It simply reports a transaction and doesn't convey any positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting a change in beneficial ownership by a company insider. It's a routine part of corporate governance and provides transparency into insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 10/26/2023 | Date of earliest transaction: Acquisition of 5,000 non-qualified options. |
| 10/26/2023 | Date options exercisable. |
| 10/26/2033 | Expiration date of the options. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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