Form 4: Perma-Fix Environmental Services Director Larry Shelton Acquires Shares and Holds Multiple Stock Options
SEC Form 4
Director Larry Shelton of Perma-Fix Environmental Services acquired 1,722 shares of common stock at $8.3025 per share and holds multiple stock options.
Summary
- Larry Shelton, a director at Perma-Fix Environmental Services, acquired 1,722 shares of common stock on January 2, 2025, at a price of $8.3025 per share.
- Following this transaction, Mr. Shelton directly owns 178,962 shares of Perma-Fix common stock.
- Mr. Shelton also holds multiple non-qualified stock options granted under the company's 2003 Outside Directors Stock Plan.
- These stock options have various exercise prices and expiration dates, with some vesting fully six months from the grant date and others vesting over a four-year period.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction by a company director. The share purchase and stock option holdings suggest a positive, but not overly enthusiastic, sentiment.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
- The director's continued holding of stock options indicates a long-term commitment to the company.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade in their company's stock. It provides transparency into the transactions of company directors and officers.
Comparison to Industry Standards
- The stock option grants are typical for director compensation packages in publicly traded companies.
- The vesting schedules, with some options vesting fully after six months and others over four years, are also common practices.
- The exercise prices of the options are generally set at or above the market price at the time of grant, which is standard practice.
Stakeholder Impact
- The share purchase by a director may be viewed positively by shareholders, indicating confidence in the company.
- The stock options provide an incentive for the director to work towards the long-term success of the company.
Key Dates
| Date | Description |
|---|---|
| 09/17/2015 | Non-Qualified Stock Option granted with a $4.19 exercise price, vesting fully six months from date of grant. |
| 07/28/2016 | Non-Qualified Stock Option granted with a $4.6 exercise price, vesting fully six months from date of grant. |
| 07/27/2017 | Non-Qualified Stock Option granted with a $3.55 exercise price, vesting fully six months from date of grant. |
| 07/26/2018 | Non-Qualified Stock Option granted with a $4.3 exercise price, vesting fully six months from date of grant. |
| 07/25/2019 | Non-Qualified Stock Option granted with a $3.31 exercise price, vesting fully six months from date of grant. |
| 07/22/2020 | Non-Qualified Stock Option granted with a $6.7 exercise price, vesting fully six months from date of grant. |
| 07/20/2021 | Non-Qualified Stock Option granted with a $5.93 exercise price, vesting over a four year period, at 1/4 increment per year. |
| 07/21/2022 | Non-Qualified Stock Option granted with a $5.15 exercise price, vesting over a four year period, at 1/4 increment per year. |
| 07/20/2023 | Non-Qualified Stock Option granted with a $9.81 exercise price, vesting over a four year period, at 1/4 increment per year. |
| 07/18/2024 | Non-Qualified Stock Option granted with a $10.2 exercise price, vesting over a four year period, at 1/4 increment per year. |
| 01/02/2025 | Larry Shelton acquired 1,722 shares of common stock at $8.3025 per share. |
| 01/03/2025 | Date of filing of the SEC Form 4. |
Keywords
Perma-Fix Environmental Services, Larry Shelton, stock options, share acquisition, insider trading, beneficial ownership, non-qualified stock options, director, PESI
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