Form 4: Mesa Laboratories SVP Operations Brian Archbold Reports Stock Option Expiration
SEC Form 4
Brian David Archbold, SVP Operations at Mesa Laboratories, reports the expiration of unexercised non-qualified stock options.
Summary
- Brian David Archbold, SVP Operations at Mesa Laboratories, filed a Form 4 on April 3, 2024, regarding changes in beneficial ownership.
- The report details the expiration of 420 non-qualified stock options (NSOs) on April 2, 2024, with an exercise price of $142.40.
- These NSOs were granted on April 2, 2018, and vested in five equal installments annually.
- Following this transaction, Archbold directly owns 14,696 shares of Mesa Laboratories common stock.
Sentiment
Score: 5
Explanation: This is a neutral event; the expiration of stock options is a normal part of compensation and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a change in Brian Archbold's holdings due to option expiration, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/02/2018 | Grant date of non-qualified stock options |
| 04/02/2019 | First vesting date of non-qualified stock options |
| 04/02/2024 | Expiration date of non-qualified stock options |
| 04/03/2024 | Date of Form 4 filing |
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