Form 4: Perma-Fix Director Kerry Duggan Acquires Shares and Holds Stock Options
SEC Form 4
Director Kerry Duggan acquired 948 shares of Perma-Fix Environmental Services Inc. at $8.9175 per share on April 1, 2024.
Summary
- On April 1, 2024, Kerry Duggan, a director of Perma-Fix Environmental Services Inc., acquired 948 shares of common stock at a price of $8.9175 per share.
- Following this transaction, Duggan directly owns 20,135 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 include the right to buy 6,000 shares at $7.50 (granted 5/4/2021, fully vested), 10,000 shares at $5.93 (granted 7/20/2021, vesting over four years), 10,000 shares at $5.15 (granted 7/21/2022, vesting over four years), and 10,000 shares at $9.81 (granted 7/20/2023, vesting over four years).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The purchase of shares could be seen as slightly positive, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/04/2021 | Non-Qualified Stock Option granted (6,000 shares at $7.50) |
| 07/20/2021 | Non-Qualified Stock Option granted (10,000 shares at $5.93) |
| 07/21/2022 | Non-Qualified Stock Option granted (10,000 shares at $5.15) |
| 07/20/2023 | Non-Qualified Stock Option granted (10,000 shares at $9.81) |
| 04/01/2024 | Kerry Duggan acquired 948 shares of common stock at $8.9175 per share |
| 04/02/2024 | Date of signature for the Form 4 filing |
| 05/04/2031 | Expiration date for stock options granted on 05/04/2021 |
| 07/20/2031 | Expiration date for stock options granted on 07/20/2021 |
| 07/21/2032 | Expiration date for stock options granted on 07/21/2022 |
| 07/20/2033 | Expiration date for stock options granted on 07/20/2023 |
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