Form 4: Perma-Fix Director Kerry Duggan Acquires Shares and Holds Multiple Stock Options
SEC Form 4 Filing
Director Kerry Duggan acquired 1,018 shares of Perma-Fix Environmental Services Inc. at $8.3025 per share on January 2, 2025, and holds multiple stock options.
Summary
- Kerry Duggan, a director at Perma-Fix Environmental Services Inc., acquired 1,018 shares of common stock on January 2, 2025, at a price of $8.3025 per share.
- Following this transaction, Mr. Duggan directly owns 23,305 shares of Perma-Fix common stock.
- Mr. Duggan 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, and vest over different periods.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction by a company director. It is neither overwhelmingly positive nor negative, but the acquisition of shares by a director is generally viewed as a positive sign.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
- The director's continued holding of stock options indicates 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
- The stock option grants are typical for director compensation in publicly traded companies.
- The vesting schedules are also standard, with some options vesting immediately and others over a period of years.
Stakeholder Impact
- The share acquisition by a director may positively influence investor confidence.
- The stock options provide an incentive for the director to work towards the long-term success of the company.
Key Dates
| Date | Description |
|---|---|
| 05/04/2021 | Date of grant for a non-qualified stock option with an exercise price of $7.5, vesting fully six months from the grant date. |
| 07/20/2021 | Date of grant for a non-qualified stock option with an exercise price of $5.93, vesting over a four-year period. |
| 07/21/2022 | Date of grant for a non-qualified stock option with an exercise price of $5.15, vesting over a four-year period. |
| 07/20/2023 | Date of grant for a non-qualified stock option with an exercise price of $9.81, vesting over a four-year period. |
| 07/18/2024 | Date of grant for a non-qualified stock option with an exercise price of $10.2, vesting over a four-year period. |
| 01/02/2025 | Date of the transaction where Kerry Duggan acquired 1,018 shares of common stock. |
| 01/03/2025 | Date of signature for the SEC Form 4 filing. |
Keywords
Perma-Fix, stock options, share acquisition, insider trading, director, equity, PESI
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