Form 4: Perma-Fix Director Kerry Duggan Acquires Shares and Holds Stock Options
SEC Form 4
Director Kerry Duggan acquired 1,198 shares of Perma-Fix Environmental Services Inc. at $7.5975 per share on July 1, 2024, and holds multiple stock options.
Summary
- On July 1, 2024, Kerry Duggan, a director of Perma-Fix Environmental Services Inc., acquired 1,198 shares of common stock at a price of $7.5975 per share.
- Following this transaction, Duggan directly owns 21,333 shares of Perma-Fix Environmental Services Inc.
- Duggan also holds several non-qualified stock options granted under the company's 2003 Outside Directors Stock Plan.
- These options allow Duggan to purchase shares of common stock at prices ranging from $5.15 to $9.81.
- The options were granted on various dates and vest over a four-year period, with some vesting fully six months from the grant date.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing a director's stock transactions and option holdings.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/04/2021 | Non-Qualified Stock Option granted (6,000 shares at $7.50), vesting fully six months from date of grant. |
| 07/20/2021 | Non-Qualified Stock Option granted (10,000 shares at $5.93), vesting over a four year period, at 1/4 increment per year. |
| 07/21/2022 | Non-Qualified Stock Option granted (10,000 shares at $5.15), vesting over a four year period, at 1/4 increment per year. |
| 07/20/2023 | Non-Qualified Stock Option granted (10,000 shares at $9.81), vesting over a four year period, at 1/4 increment per year. |
| 07/01/2024 | Kerry Duggan acquired 1,198 shares of common stock at $7.5975 per share. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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