Form 4: Mexco Energy Corp Director Thomas H. Decker Executes Stock Options and Disposes of Shares

Director Thomas H. Decker exercised stock options and disposed of shares of Mexco Energy Corp on March 18, 2024.

Summary

• On March 18, 2024, Thomas H. Decker, a director of Mexco Energy Corp, executed stock options for 5,000 shares at a price of $3.34 per share.
• Following the transaction, Decker directly owns 23,400 shares of MXC common stock.
• Decker's spouse indirectly owns 10,000 shares of MXC common stock.
• The exercised stock options were granted on March 4, 2020, under the 2019 Employee Incentive Stock Plan and vested 1/4 each year for four consecutive years.
• Decker disposed of 5,000 shares at $3.34.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in transactions involving the company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• Shareholders are informed about insider transactions, which can influence their perception of the company's stock.

Key Dates