Form 4: Omnitek Director Maier Reports Option Expiration
Insider Ownership Report
Omnitek Engineering Corp. Director Gary S. Maier filed a Form 4 detailing beneficial ownership of common stock and the expiration of a stock option.
Summary
- Gary S. Maier, a Director and 10% Owner of Omnitek Engineering Corp. (OMTK), filed a Form 4 statement of changes in beneficial ownership.
- The filing reports beneficial ownership of 121,500 shares of common stock, which includes 10,000 shares owned by his spouse.
- It details the expiration of a stock option for 50,000 shares with an exercise price of $0.09, which expired on January 15, 2026.
- Maier continues to beneficially own multiple other stock options, each for 300,000 shares of common stock.
- These remaining options have exercise prices ranging from $0.06 to $0.02 and expiration dates extending from March 26, 2027, to April 23, 2032.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider ownership disclosure, primarily reporting the expiration of an option and current holdings. It does not indicate a significant positive or negative event for the company's operations or financial health.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 01/16/2019 | Date exercisable for a stock option of 50,000 shares with an exercise price of $0.09. |
| 03/27/2020 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.06. |
| 03/10/2021 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.105. |
| 04/18/2022 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.0531. |
| 04/18/2023 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.0361. |
| 04/25/2024 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.016. |
| 04/24/2025 | Date exercisable for a stock option of 300,000 shares with an exercise price of $0.02. |
| 01/15/2026 | Earliest transaction date reported, corresponding to the expiration date of a stock option for 50,000 shares. |
| 01/28/2026 | Date the Form 4 was filed. |
| 03/26/2027 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.06. |
| 03/09/2028 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.105. |
| 04/17/2029 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.0531. |
| 04/17/2030 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.0361. |
| 04/24/2031 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.016. |
| 04/23/2032 | Expiration date for a stock option of 300,000 shares with an exercise price of $0.02. |
Keywords
Omnitek Engineering Corp, OMTK, Gary S. Maier, Form 4, Beneficial Ownership, Stock Options, Insider Holdings, Director
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