Form 4: Omnitek Engineering Corp: CEO Werner Funk Reports Acquisition of Stock Options
SEC Form 4
Werner Funk, CEO, CFO, and Secretary of Omnitek Engineering Corp, reports the acquisition of stock options.
Summary
- Werner Funk, the CEO, CFO, and Secretary of Omnitek Engineering Corp, filed a Form 4.
- The form indicates a transaction involving derivative securities.
- Funk acquired 50,000 stock options with an exercise price of $0.022 on April 24, 2025, exercisable on the same date and expiring on April 23, 2032.
- Funk directly owns 8,413,192 shares of common stock.
- Funk also holds various stock options with different exercise prices and expiration dates, totaling 900,000 shares for each option grant.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing (Form 4) detailing the acquisition of stock options by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/16/2019 | Date of exercisable for stock options with an expiration date of 01/15/2026 and an exercise price of $0.099. |
| 03/27/2020 | Date of exercisable for stock options with an expiration date of 03/26/2027 and an exercise price of $0.066. |
| 03/10/2021 | Date of exercisable for stock options with an expiration date of 03/09/2028 and an exercise price of $0.1155. |
| 04/18/2022 | Date of exercisable for stock options with an expiration date of 04/17/2029 and an exercise price of $0.0584. |
| 04/18/2023 | Date of exercisable for stock options with an expiration date of 04/17/2030 and an exercise price of $0.0397. |
| 04/25/2024 | Date of exercisable for stock options with an expiration date of 04/24/2031 and an exercise price of $0.18. |
| 05/03/2024 | Date of exercisable for stock options with an expiration date of 05/02/2031 and an exercise price of $0.015. |
| 04/24/2025 | Date of transaction and exercisable for stock options with an expiration date of 04/23/2032 and an exercise price of $0.022. |
| 04/28/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, stock options, Omnitek Engineering Corp, OMTK, Werner Funk, derivative securities, beneficial ownership
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