Form 4: Perma-Fix Director Grumski Acquires Additional Stock Options
SEC Form 4
Director Joseph Timothy Grumski acquired 10,000 stock options in Perma-Fix Environmental Services, Inc. on July 18, 2024.
Summary
- On July 18, 2024, Joseph Timothy Grumski, a director of Perma-Fix Environmental Services Inc. (PESI), acquired 10,000 stock options.
- These options are non-qualified stock options granted under the company's 2003 Outside Directors Stock Plan.
- The exercise price for these options is $10.20, and they expire on July 18, 2034.
- The options vest over a four-year period, at a 1/4 increment per year.
- Following this transaction, Grumski directly owns 53,157 shares of common stock and various stock options with different exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock option acquisition by a director, which can be interpreted as a sign of confidence, but it's not a major event.
Positives
- The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The acquisition of stock options by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/04/2020 | Date of grant for 6,000 non-qualified stock options with an exercise price of $7.00, vesting fully six months from the grant date and expiring 02/04/2030. |
| 07/22/2020 | Date of grant for 2,400 non-qualified stock options with an exercise price of $6.70, vesting fully six months from the grant date and expiring 07/22/2030. |
| 07/20/2021 | Date of grant for 10,000 non-qualified stock options with an exercise price of $5.93, vesting over a four-year period, at 1/4 increment per year and expiring 07/20/2031. |
| 07/21/2022 | Date of grant for 10,000 non-qualified stock options with an exercise price of $5.15, vesting over a four-year period, at 1/4 increment per year and expiring 07/21/2032. |
| 07/20/2023 | Date of grant for 10,000 non-qualified stock options with an exercise price of $9.81, vesting over a four-year period, at 1/4 increment per year and expiring 07/20/2033. |
| 07/18/2024 | Date of transaction: Joseph Timothy Grumski acquired 10,000 stock options with an exercise price of $10.20, vesting over a four-year period, at 1/4 increment per year and expiring 07/18/2034. |
| 07/19/2024 | Date of signature for the Form 4 filing. |
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