Form 4: Optex Systems Holdings CFO Karen Lea Hawkins Reports Stock Transactions
SEC Form 4 Filing
Karen Lea Hawkins, CFO of Optex Systems Holdings, reports the vesting and disposal of performance shares and resulting adjustments to her holdings of common stock.
Summary
- Karen Lea Hawkins, the CFO of Optex Systems Holdings Inc., reported transactions involving the company's stock.
- On March 11, 2024, 7,000 performance shares vested and were converted into common stock.
- Also on March 11, 2024, Ms. Hawkins disposed of 7,000 shares of common stock.
- On March 13, 2024, Ms. Hawkins disposed of 1,641 shares of common stock at a price of $6.95.
- Following these transactions, Ms. Hawkins directly owns 38,310 shares of Optex Systems Holdings Inc.
- Ms. Hawkins also directly owns 7,000 performance shares.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 10/02/2023 | Beginning of performance period for performance shares |
| 03/11/2024 | Vesting of 7,000 performance shares and disposal of 7,000 common shares |
| 03/13/2024 | Disposal of 1,641 common shares at $6.95 per share |
| 03/14/2024 | Date of Form 4 signature |
| 10/01/2028 | Expiration date of performance shares |
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