Form 4: Perma-Fix Director Larry Shelton Reports Stock Option Grant
SEC Form 4 Filing
Director Larry Shelton reports the grant of stock options in Perma-Fix Environmental Services Inc.
Summary
- Larry Shelton, a director of Perma-Fix Environmental Services Inc., filed a Form 4.
- The form reports the grant of 10,000 non-qualified stock options on July 18, 2024, with an exercise price of $10.20.
- These options vest over a four-year period, at 1/4 increment per year.
- Shelton also directly owns 173,251 shares of common stock.
- He holds various other stock options granted between 2014 and 2023, with exercise prices ranging from $3.31 to $9.81.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard disclosure of stock option grants. It indicates alignment of interests between the director and shareholders but doesn't inherently suggest positive or negative performance.
Positives
- The grant of stock options aligns the director's interests with those of the shareholders.
- Shelton's existing direct ownership of 173,251 shares demonstrates a significant investment in the company.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The grant of stock options could potentially incentivize the director to improve company performance, benefiting shareholders.
- Employees may view the option grant as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 09/18/2014 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 09/17/2015 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/28/2016 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/27/2017 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/26/2018 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/25/2019 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/22/2020 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/20/2021 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/21/2022 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/20/2023 | Non-Qualified Stock Option granted under the Company's 2003 Outside Directors Stock Plan. |
| 07/18/2024 | Date of the latest transaction: grant of 10,000 non-qualified stock options. |
| 07/19/2024 | Date of Form 4 filing. |
| 07/18/2034 | Expiration date of the 10,000 non-qualified stock options granted on 07/18/2024. |
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