Form 4: Precision Optics CFO Increases Holdings Through Stock-Based Compensation

Wayne M. Coll, CFO of Precision Optics Corporation, acquired additional shares of common stock through a stock-based compensation plan.

Summary

• Wayne M. Coll, the Chief Financial Officer of Precision Optics Corporation, has reported several transactions involving the acquisition of common stock.
• These acquisitions occurred on a quarterly basis throughout 2024, specifically on March 31, June 30, September 30, and December 31.
• The shares were acquired as part of a stock-based compensation plan, where the issuer substituted up to $25,000 per annum in common stock in lieu of cash, effective January 1, 2024.
• The number of shares acquired each quarter varied, with 1,081 shares acquired on March 31, 1,039 shares on June 30, 1,110 shares on September 30, and 1,331 shares on December 31.
• The prices per share also varied based on the quarterly volume weighted average price, ranging from $4.70 to $6.01.
• Following these transactions, Coll's direct ownership increased to 8,878 shares of common stock.
• The shares were issued on January 29, 2025.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting transactions. The fact that the CFO is increasing their stake could be seen as mildly positive, but it's part of a pre-existing compensation plan.

Positives

• The CFO's increased stock ownership could be interpreted as a positive sign, indicating confidence in the company's future performance.
• The stock-based compensation plan may help align the CFO's interests with those of the shareholders.

Industry Context

Stock acquisitions by company executives are common and are often viewed as a sign of confidence in the company's prospects. The use of stock-based compensation is also a common practice to align management's interests with those of shareholders.

Stakeholder Impact

• The increased insider ownership could positively influence shareholder sentiment.

Key Dates