Form 4: Park Aerospace Executive Exercises Stock Options
Insider Transaction Report
Park Aerospace Sr VP and General Manager Cory Nickel exercised options to acquire 250 shares of common stock at $5.23 per share.
Summary
- Cory Nickel, Senior Vice President and General Manager of Park Aerospace Corp. (PKE), reported a change in beneficial ownership.
- On November 12, 2025, Mr. Nickel acquired 250 shares of Park Aerospace Common Stock through the exercise of an option at a price of $5.23 per share.
- Following this transaction, Mr. Nickel directly beneficially owns 250 shares of Common Stock.
- Additionally, Mr. Nickel indirectly beneficially owns 173 shares of Common Stock through an Employee Stock Purchase Plan.
- The exercised option was part of a grant that became exercisable on January 12, 2017, and was set to expire on January 12, 2026.
- Mr. Nickel holds several other outstanding 'Right to buy option' derivative securities with various exercise prices and expiration dates, totaling 72,250 shares underlying these options.
Sentiment
Score: 5
Explanation: This is a routine insider transaction (option exercise) and does not inherently convey strong positive or negative sentiment regarding the company's performance or outlook. It's a standard disclosure.
Positives
- An executive exercising stock options can signal confidence in the company's future performance, especially if the exercise price is below the current market price (though the current market price is not disclosed in this filing).
Stakeholder Impact
- Shareholders: Minor impact due to a routine insider transaction. The exercise of options can lead to slight dilution but is a common part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/12/2017 | Date option for 250 shares at $5.23 became exercisable. |
| 05/07/2020 | Date option for 750 shares at $14.44 became exercisable. |
| 04/09/2021 | Date option for 3,000 shares at $11.58 became exercisable. |
| 04/02/2022 | Date option for 8,000 shares at $12.80 became exercisable. |
| 04/12/2023 | Date option for 13,000 shares at $11.06 became exercisable. |
| 05/01/2024 | Date option for 17,500 shares at $13.08 became exercisable. |
| 06/18/2025 | Date option for 15,000 shares at $13.26 became exercisable. |
| 11/12/2025 | Date of transaction: 250 shares of Common Stock acquired via option exercise. |
| 11/13/2025 | Date the Form 4 was signed by Power of Attorney. |
| 01/12/2026 | Expiration date for the option to buy 250 shares at $5.23. |
| 06/16/2026 | Date option for 15,000 shares at $14.00 became exercisable. |
| 05/07/2029 | Expiration date for option to buy 750 shares at $14.44. |
| 04/09/2030 | Expiration date for option to buy 3,000 shares at $11.58. |
| 04/02/2031 | Expiration date for option to buy 8,000 shares at $12.80. |
| 04/12/2032 | Expiration date for option to buy 13,000 shares at $11.06. |
| 05/01/2033 | Expiration date for option to buy 17,500 shares at $13.08. |
| 06/18/2034 | Expiration date for option to buy 15,000 shares at $13.26. |
| 06/16/2035 | Expiration date for option to buy 15,000 shares at $14.00. |
Keywords
Park Aerospace, PKE, Insider Transaction, Stock Options, Beneficial Ownership, Executive Compensation, Form 4
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