Form 4: National Presto Industries Director Acquires Shares Through Compensation Plan

Director Patrick J Quinn acquired 106 shares of National Presto Industries common stock through the company's Non-Employee Director Compensation Plan.

Summary

• Patrick J Quinn, a director at National Presto Industries, acquired 106 shares of common stock.
• The shares were acquired on January 2, 2025, at a price of $0.
• The acquisition was made through the company's Non-Employee Director Compensation Plan.
• The shares are held indirectly through the Patrick J Quinn and Susan L Quinn Revocable Trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. It indicates that the company's compensation plan is functioning as intended.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.
• The Non-Employee Director Compensation Plan is being utilized as intended.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Director compensation plans involving stock grants are a common practice among publicly traded companies.
• The use of a revocable trust for holding shares is a standard method for personal financial management.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with those of the company.

Key Dates

Keywords

National Presto Industries, Director, Stock Acquisition, Compensation Plan, Form 4, Equity, Shares