Form 4: Sono-Tek Corp Director Acquires Options
SEC Form 4
Philip A. Strasburg, a director of Sono-Tek Corp, reports the acquisition of options exercisable for 5,333 shares of common stock.
Summary
- On August 22, 2024, Philip A. Strasburg, a director of Sono-Tek Corp, acquired options to purchase 5,333 shares of Sono-Tek Corp common stock.
- The options have an exercise price of $4.12.
- The options are exercisable from August 22, 2025, and expire on August 22, 2034.
- Following the transaction, Strasburg directly owns 15,636 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, as it reflects a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of options transaction |
| 08/22/2025 | Options become exercisable |
| 08/22/2034 | Options expiration date |
| 08/23/2024 | Date of Form 4 filing |
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