Form 4: Park Aerospace Director Steven T. Warshaw Acquires Shares and Options
SEC Form 4 Filing
Director Steven T. Warshaw reports acquisition of common stock and stock options in Park Aerospace Corp.
Summary
- On June 18, 2024, Steven T. Warshaw, a director of Park Aerospace Corp, acquired 7,750 shares of common stock.
- Warshaw also acquired options to purchase 3,500 shares of common stock at an exercise price of $13.26, exercisable starting June 18, 2025, and expiring on June 18, 2034.
- Warshaw directly owns options to purchase common stock from previous years.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be a positive signal, but it's a single transaction and needs to be considered in the context of overall market conditions and company performance.
Positives
- The acquisition of shares and options by a director could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched as indicators of management's view on the company's prospects relative to the aerospace industry.
Stakeholder Impact
- Shareholders may view the director's stock and option acquisition as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 03/02/2016 | Date of option grant with exercise price $12.46, expiring 03/02/2025 |
| 01/12/2017 | Date of option grant with exercise price $5.23, expiring 01/12/2026 |
| 05/07/2020 | Date of option grant with exercise price $14.44, expiring 05/07/2029 |
| 04/09/2021 | Date of option grant with exercise price $11.58, expiring 04/09/2030 |
| 04/02/2022 | Date of option grant with exercise price $12.8, expiring 04/02/2031 |
| 04/12/2023 | Date of option grant with exercise price $11.06, expiring 04/12/2032 |
| 05/01/2024 | Date of option grant with exercise price $13.08, expiring 05/01/2033 |
| 06/18/2024 | Date of transaction: acquisition of common stock and stock options |
| 06/18/2025 | Options granted on 06/18/2024 become exercisable |
| 06/18/2034 | Options granted on 06/18/2024 expire |
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