Form 4: Omega Flex CEO Dean W. Rivest Reports Stock Transactions
SEC Form 4 Filing
Dean W. Rivest, CEO of Omega Flex, Inc., reports the disposition of 603 shares of common stock and phantom stock units on February 18, 2025.
Summary
- On February 18, 2025, Dean W. Rivest, the CEO of Omega Flex, Inc., reported transactions involving the company's stock.
- Rivest disposed of 603 shares of common stock.
- The transaction also involved the disposition of 603 units of phantom stock, each equivalent to one share of common stock, settled for cash.
- Following the reported transactions, Rivest directly owns no shares of common stock.
- Rivest indirectly owns 1,976 shares through the company's 401(k) plan as of December 31, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock and phantom stock transactions. |
| 12/31/2025 | Date of 401(k) plan statement used to determine indirect ownership. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Omega Flex, Dean W. Rivest, Stock Transaction, Form 4, OFLX, CEO, Phantom Stock, 401(k)
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