Form 4: Park Aerospace Director Emily Groehl Reports Stock and Option Holdings
Insider Trading Report
Park Aerospace Corp. Director Emily J. Groehl reported beneficial ownership of 1,000 shares of common stock and various stock options, including a new grant effective June 16, 2025.
Summary
- Emily J. Groehl, a Director of Park Aerospace Corp. (PKE), reported her beneficial ownership of company securities.
- She directly owns 1,000 shares of Park Aerospace Corp. Common Stock.
- She also beneficially owns derivative securities in the form of "Right to buy option" for a total of 31,500 shares of Common Stock.
- A new option grant for 3,500 shares, with an exercise price of $14.00, was approved effective June 16, 2025, and she was notified on July 16, 2025. This option becomes exercisable starting June 16, 2026, and expires on June 16, 2035.
- Other existing options include grants from 2016, 2017, 2020, 2021, 2022, 2023, 2024, and 2025, with exercise prices ranging from $5.23 to $14.44.
- All options are exercisable over a four-year period, with 25% vesting annually from their respective exercisable dates.
Sentiment
Score: 6
Explanation: The filing indicates continued insider ownership and a new option grant, which can be viewed positively as it aligns management's interests with shareholders, though it is a routine disclosure and does not contain new performance data.
Positives
- The reporting of insider ownership, including a new option grant, aligns the interests of the director with those of shareholders, potentially signaling confidence in the company's future.
Future Outlook
The document primarily details current beneficial ownership and option grants, with future outlook limited to the vesting and expiration schedules of the stock options.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, specifically a director's beneficial ownership and option grants. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The disclosure of a director's beneficial ownership and new option grants can be interpreted as a positive signal, indicating alignment of management's interests with shareholder value creation.
Next Steps
- The stock options held by Emily J. Groehl will become exercisable according to their respective vesting schedules, with 25% vesting annually over four years.
Key Dates
| Date | Description |
|---|---|
| 03/02/2016 | Date exercisable for 3,000 share option with an exercise price of $12.46. |
| 01/12/2017 | Date exercisable for 3,000 share option with an exercise price of $5.23. |
| 05/07/2020 | Date exercisable for 3,500 share option with an exercise price of $14.44. |
| 04/09/2021 | Date exercisable for 3,500 share option with an exercise price of $11.58. |
| 04/02/2022 | Date exercisable for 3,500 share option with an exercise price of $12.80. |
| 04/12/2023 | Date exercisable for 3,500 share option with an exercise price of $11.06. |
| 05/01/2024 | Date exercisable for 3,500 share option with an exercise price of $13.08. |
| 03/02/2025 | Expiration date for 3,000 share option with an exercise price of $12.46. |
| 06/16/2025 | Effective date of the new 3,500 share option grant with an exercise price of $14.00. |
| 06/18/2025 | Date exercisable for 3,500 share option with an exercise price of $13.26. |
| 07/16/2025 | Date reporting person was notified of the new option grant and received the applicable contract. |
| 07/18/2025 | Date the Form 4 filing was signed. |
| 01/12/2026 | Expiration date for 3,000 share option with an exercise price of $5.23. |
| 06/16/2026 | Date exercisable for the new 3,500 share option grant (first 25% vesting). |
| 05/07/2029 | Expiration date for 3,500 share option with an exercise price of $14.44. |
| 04/09/2030 | Expiration date for 3,500 share option with an exercise price of $11.58. |
| 04/02/2031 | Expiration date for 3,500 share option with an exercise price of $12.80. |
| 04/12/2032 | Expiration date for 3,500 share option with an exercise price of $11.06. |
| 05/01/2033 | Expiration date for 3,500 share option with an exercise price of $13.08. |
| 06/18/2034 | Expiration date for 3,500 share option with an exercise price of $13.26. |
| 06/16/2035 | Expiration date for the new 3,500 share option grant. |
Recommendation
holdKeywords
Park Aerospace, PKE, Form 4, insider trading, beneficial ownership, stock options, director, Emily Groehl
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