Form 4: Ira Levy Increases Equity Stake in Surge Components
Statement of Changes in Beneficial Ownership
CEO Ira Levy was granted 19,130 stock options in Surge Components, Inc. as part of a recent equity compensation event.
Summary
- Ira Levy, serving as CEO, CFO, and President of Surge Components, Inc., acquired 19,130 stock options.
- The options have an exercise price of $3.45 per share.
- The transaction occurred on March 20, 2026.
- Following this grant, the total number of derivative securities beneficially owned by the reporting person is 69,130.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of executive interests with shareholders through equity-based compensation.
- The grant reflects confidence in the long-term value of the company.
Negatives
- The issuance of new options results in potential future dilution for existing shareholders.
Risks
- Market volatility affecting the value of the underlying common stock relative to the $3.45 exercise price.
Future Outlook
The options are exercisable immediately as of March 20, 2026, and remain valid until March 20, 2031, indicating a five-year window for the executive to realize value based on stock performance.
Management Comments
- No specific narrative comments were provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that executive equity grants are standard practice in the electronics components sector to incentivize leadership and retain key management personnel during periods of strategic growth.
Comparison to Industry Standards
- The use of stock options as a component of executive compensation is consistent with standard corporate governance practices for small-cap publicly traded companies.
- The five-year expiration term is within the typical range for executive incentive plans.
Stakeholder Impact
- Shareholders may experience minor dilution if these options are exercised and new shares are issued.
Next Steps
- The reporting person may choose to exercise these options at any time prior to the expiration date of March 20, 2031.
Key Dates
| Date | Description |
|---|---|
| 03/20/2026 | Date of the stock option grant transaction. |
| 03/20/2031 | Expiration date of the granted stock options. |
| 04/02/2026 | Date the Form 4 was signed and filed. |
Keywords
Surge Components, SPRS, Insider Trading, Form 4, Executive Compensation, Stock Options
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