Form 4: Nanophase Technologies CEO Jess Jankowski Acquires Shares and Options
SEC Form 4 Filing
Jess Jankowski, President and CEO of Nanophase Technologies, reports the acquisition of common stock and derivative securities.
Summary
- On September 24, 2024, Jess Jankowski, the President and CEO of Nanophase Technologies, acquired 81,000 shares of common stock at a price of $0.444 per share.
- Following this transaction, Jankowski directly owns 207,450 shares.
- Jankowski also indirectly owns 1,000 shares through a spouse's IRA.
- The report also details Jankowski's holdings of derivative securities, specifically rights to purchase common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a positive signal, but the filing itself is a routine regulatory disclosure.
Positives
- The CEO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of insiders.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/18/2016 | Date options vest in three equal annual installments. |
| 02/23/2017 | Date options vest in three equal annual installments. |
| 02/21/2018 | Date options vest in three equal annual installments. |
| 05/23/2019 | Date options vest in three equal annual installments. |
| 05/22/2020 | Date options vest in three equal annual installments. |
| 06/18/2021 | Date options vest in three equal annual installments. |
| 12/28/2022 | Date options vest in three equal annual installments. |
| 12/20/2023 | Date options vest in three equal annual installments. |
| 09/24/2024 | Date of transaction: Acquisition of common stock and derivative securities. |
| 12/27/2024 | Date options vest in three equal annual installments. |
| 02/18/2025 | Expiration date of options. |
| 02/23/2026 | Expiration date of options. |
| 02/21/2027 | Expiration date of options. |
| 06/18/2027 | Expiration date of options. |
| 05/23/2028 | Expiration date of options. |
| 12/28/2028 | Expiration date of options. |
| 05/22/2029 | Expiration date of options. |
| 12/20/2029 | Expiration date of options. |
| 12/27/2030 | Expiration date of options. |
| 09/25/2024 | Date of signature. |
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