Form 4: Perma-Fix Director Exercises Stock Options and Reports Beneficial Ownership
SEC Form 4
Director Larry Shelton exercised stock options and reported changes in beneficial ownership of Perma-Fix Environmental Services Inc. shares.
Summary
- On August 28, 2024, Larry Shelton, a director of Perma-Fix Environmental Services Inc., exercised stock options to acquire 2,400 shares of common stock at a price of $3.70 per share.
- Following this transaction, Shelton directly owns 175,651 shares of Perma-Fix common stock.
- Shelton also holds multiple non-qualified stock options granted under the company's 2003 Outside Directors Stock Plan, with various exercise prices and expiration dates ranging from 2025 to 2034.
- The options vest either fully six months from the grant date or over a four-year period.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Positives
- Director's exercise of options may signal confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the ownership stake of company directors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 09/18/2014 | Grant date of non-qualified stock option that was exercised on 08/28/2024 |
| 09/17/2015 | Grant date of non-qualified stock option with exercise price of $4.19 |
| 07/28/2016 | Grant date of non-qualified stock option with exercise price of $4.6 |
| 07/27/2017 | Grant date of non-qualified stock option with exercise price of $3.55 |
| 07/26/2018 | Grant date of non-qualified stock option with exercise price of $4.3 |
| 07/25/2019 | Grant date of non-qualified stock option with exercise price of $3.31 |
| 07/22/2020 | Grant date of non-qualified stock option with exercise price of $6.7 |
| 07/20/2021 | Grant date of non-qualified stock option with exercise price of $5.93 |
| 07/21/2022 | Grant date of non-qualified stock option with exercise price of $5.15 |
| 07/20/2023 | Grant date of non-qualified stock option with exercise price of $9.81 |
| 07/18/2024 | Grant date of non-qualified stock option with exercise price of $10.2 |
| 08/28/2024 | Date of transaction: Director exercised stock options. |
| 08/29/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.