Form 4: Sono-Tek Corp Director Acquires Options
SEC Form 4 Filing
Christopher Coccio, a director of Sono-Tek Corp, acquired 22,222 options exercisable for common stock at $4.12, expiring in 2034.
Summary
- On August 22, 2024, Christopher Coccio, a director of Sono-Tek Corp, acquired 22,222 options.
- The options are exercisable for Sono-Tek Corp common stock at a price of $4.12.
- The options expire on August 22, 2034.
- Following the transaction, Coccio directly owns 70,504 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: acquisition of options |
| 08/22/2025 | Options become exercisable |
| 08/22/2034 | Options expiration date |
| 08/23/2024 | Date of signature |
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