Form 4: Perma-Fix Environmental Services Director Acquires Shares and Holds Multiple Stock Options
SEC Form 4 Filing
Director Thomas Bostick acquired 1,506 shares of Perma-Fix Environmental Services stock at $8.3025 per share and holds multiple stock options.
Summary
- Thomas Bostick, a director at Perma-Fix Environmental Services, acquired 1,506 shares of common stock on January 2, 2025, at a price of $8.3025 per share.
- Following this transaction, Mr. Bostick directly owns 40,921 shares of the company.
- Mr. Bostick 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.
- The stock options include 6,000 shares at an exercise price of $7.29, expiring on August 10, 2030, 10,000 shares at $5.93 expiring on July 20, 2031, 10,000 shares at $5.15 expiring on July 21, 2032, 10,000 shares at $9.81 expiring on July 20, 2033, and 10,000 shares at $10.2 expiring on July 18, 2034.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's purchase of shares is a positive sign, but the document is primarily a routine disclosure of insider transactions.
Positives
- The director's purchase of shares indicates confidence in the company's future prospects.
- The director's continued holding of stock options suggests 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 trading activities of company directors.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
- The details of the transactions are typical for director share purchases and stock option grants.
- The vesting schedules for the stock options are also common, with many companies using a four-year vesting period.
Stakeholder Impact
- The director's share purchase may be viewed positively by shareholders, indicating confidence in the company.
- The stock option holdings do not have an immediate impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 08/10/2020 | Grant date of non-qualified stock option for 6,000 shares at $7.29, vesting fully six months from grant date. |
| 07/20/2021 | Grant date of non-qualified stock option for 10,000 shares at $5.93, vesting over four years at 1/4 per year. |
| 07/21/2022 | Grant date of non-qualified stock option for 10,000 shares at $5.15, vesting over four years at 1/4 per year. |
| 07/20/2023 | Grant date of non-qualified stock option for 10,000 shares at $9.81, vesting over four years at 1/4 per year. |
| 07/18/2024 | Grant date of non-qualified stock option for 10,000 shares at $10.2, vesting over four years at 1/4 per year. |
| 01/02/2025 | Date of common stock acquisition by Thomas Bostick. |
| 01/03/2025 | Date of signature on the SEC Form 4. |
Keywords
Perma-Fix Environmental Services, stock options, insider trading, share acquisition, director, PESI, beneficial ownership
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