Form 4: Perma-Fix Director Zach Wamp Acquires Stock Options
SEC Form 4
Director Zach Wamp reports acquisition of stock options in Perma-Fix Environmental Services Inc.
Summary
- On July 18, 2024, Zach Wamp, a director of Perma-Fix Environmental Services Inc., acquired 10,000 stock options with an exercise price of $10.20.
- These options, granted under the company's 2003 Outside Directors Stock Plan, vest over a four-year period at 1/4 increment per year and expire on July 18, 2034.
- Wamp also directly owns 44,557 shares of Perma-Fix common stock.
- He also holds options to buy common stock at prices ranging from $4.05 to $9.81, granted between 2018 and 2023, with varying vesting schedules.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock option grants to a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of stock options by a director may indicate confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies.
Stakeholder Impact
- The granting of stock options aligns the director's interests with those of the shareholders, potentially incentivizing actions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 01/18/2018 | 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: Zach Wamp acquired 10,000 stock options. |
| 07/19/2024 | Date of the Form 4 filing. |
| 01/18/2028 | Expiration date of Non-Qualified Stock Option granted 01/18/2018. |
| 07/26/2028 | Expiration date of Non-Qualified Stock Option granted 07/26/2018. |
| 07/25/2029 | Expiration date of Non-Qualified Stock Option granted 07/25/2019. |
| 07/22/2030 | Expiration date of Non-Qualified Stock Option granted 07/22/2020. |
| 07/20/2031 | Expiration date of Non-Qualified Stock Option granted 07/20/2021. |
| 07/21/2032 | Expiration date of Non-Qualified Stock Option granted 07/21/2022. |
| 07/20/2033 | Expiration date of Non-Qualified Stock Option granted 07/20/2023. |
| 07/18/2034 | Expiration date of Non-Qualified Stock Option granted 07/18/2024. |
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