Form 4: Park Aerospace Director Emily Groehl Acquires Shares and Options
SEC Form 4
Director Emily Groehl reports acquisition of common stock and stock options in Park Aerospace Corp.
Summary
- On June 18, 2024, Emily J Groehl, a director of Park Aerospace Corp, acquired 1,000 shares of common stock.
- Groehl also acquired options to purchase 3,500 shares of common stock at an exercise price of $13.26, exercisable in installments starting June 18, 2025, and expiring on June 18, 2034.
- Following these transactions, Groehl directly owns options to purchase a total of 26,500 shares of Park Aerospace Corp common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares and options suggests confidence, but it's a routine filing.
Positives
- A director's purchase of company stock and options can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't provide specific insights into broader industry trends.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/02/2016 | Date of right to buy option with exercise price of $12.46, exercisable from 03/02/2016 to 03/02/2025 for 3,000 shares. |
| 01/12/2017 | Date of right to buy option with exercise price of $5.23, exercisable from 01/12/2017 to 01/12/2026 for 3,000 shares. |
| 05/07/2020 | Date of right to buy option with exercise price of $14.44, exercisable from 05/07/2020 to 05/07/2029 for 3,500 shares. |
| 04/09/2021 | Date of right to buy option with exercise price of $11.58, exercisable from 04/09/2021 to 04/09/2030 for 3,500 shares. |
| 04/02/2022 | Date of right to buy option with exercise price of $12.8, exercisable from 04/02/2022 to 04/02/2031 for 3,500 shares. |
| 04/12/2023 | Date of right to buy option with exercise price of $11.06, exercisable from 04/12/2023 to 04/12/2032 for 3,500 shares. |
| 05/01/2024 | Date of right to buy option with exercise price of $13.08, exercisable from 05/01/2024 to 05/01/2033 for 3,500 shares. |
| 06/18/2024 | Earliest transaction date; Groehl acquired 1,000 shares of common stock and options to purchase 3,500 shares at $13.26. |
| 06/20/2024 | Date of signature by Power of Attorney. |
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