Form 4: Perma-Fix Director Grumski Acquires Shares and Holds Multiple Stock Options
SEC Form 4 Filing
Director Joseph Timothy Grumski acquired 1,972 shares of Perma-Fix Environmental Services Inc. at $8.3025 per share on January 2, 2025, and holds multiple stock options.
Summary
- Joseph Timothy Grumski, a director at Perma-Fix Environmental Services Inc., acquired 1,972 shares of common stock on January 2, 2025, at a price of $8.3025 per share.
- Following this transaction, Mr. Grumski directly owns 54,663 shares of the company's common stock.
- Mr. Grumski also holds multiple non-qualified stock options granted under the company's 2003 Outside Directors Stock Plan.
- These options have various exercise prices and expiration dates, with some vesting fully six months from the grant date and others vesting over a four-year period.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction by a company director, which is neither particularly positive nor negative. The share purchase could be seen as a positive sign, but it's not a major event.
Positives
- The director's purchase of shares could be seen as a positive sign of confidence in the company's future.
- The director holds a significant number of stock options, indicating a long-term commitment to the company.
Industry Context
This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It provides transparency into the ownership changes of company insiders.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for all publicly traded companies in the US.
- The details of the stock options are typical for director compensation packages, with vesting periods and exercise prices that are common in the industry.
- The share purchase by the director is a common occurrence and is not unusual.
Stakeholder Impact
- The share purchase by the director may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/04/2020 | Grant date of a non-qualified stock option with an exercise price of $7.00, vesting fully six months from the grant date. |
| 07/22/2020 | Grant date of a non-qualified stock option with an exercise price of $6.70, vesting fully six months from the grant date. |
| 07/20/2021 | Grant date of a non-qualified stock option with an exercise price of $5.93, vesting over a four-year period. |
| 07/21/2022 | Grant date of a non-qualified stock option with an exercise price of $5.15, vesting over a four-year period. |
| 07/20/2023 | Grant date of a non-qualified stock option with an exercise price of $9.81, vesting over a four-year period. |
| 07/18/2024 | Grant date of a non-qualified stock option with an exercise price of $10.20, vesting over a four-year period. |
| 01/02/2025 | Date of the transaction where the director acquired 1,972 shares of common stock. |
| 01/03/2025 | Date the form was signed. |
Keywords
stock options, share acquisition, insider trading, director, beneficial ownership, Perma-Fix Environmental Services Inc., PESI
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