Form 4: Park Aerospace Director Carl William Smith Reports Transaction
SEC Form 4
Director Carl William Smith reports a transaction involving Park Aerospace Corp, including the disposal of 1,000 common stock shares and the acquisition of options.
Summary
- Carl William Smith, a director of Park Aerospace Corp, filed a Form 4.
- The report details changes in beneficial ownership.
- Smith disposed of 1,000 shares of common stock.
- Smith acquired 3,500 options with an exercise price of $13.26 on June 18, 2024, exercisable starting June 18, 2025, and expiring on June 18, 2034.
- Smith directly owns options to buy common stock at various prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Negatives
- Carl William Smith disposed of 1,000 shares of common stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 07/21/2016 | Date of right to buy option with exercise price of $12.46, expiring 07/21/2025 |
| 01/12/2017 | Date of right to buy option with exercise price of $5.23, expiring 01/12/2026 |
| 05/07/2020 | Date of right to buy option with exercise price of $14.44, expiring 05/07/2029 |
| 04/09/2021 | Date of right to buy option with exercise price of $11.58, expiring 04/09/2030 |
| 04/02/2022 | Date of right to buy option with exercise price of $12.8, expiring 04/02/2031 |
| 04/12/2023 | Date of right to buy option with exercise price of $11.06, expiring 04/12/2032 |
| 05/01/2024 | Date of right to buy option with exercise price of $13.08, expiring 05/01/2033 |
| 06/18/2024 | Date of transaction and right to buy option with exercise price of $13.26, expiring 06/18/2034 |
| 06/20/2024 | Date of signature for the report |
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