Form 4: Surge Components CEO Ira Levy Acquires 14,659 Shares of Common Stock

Ira Levy, CEO, CFO, and President of Surge Components, acquired 14,659 shares of common stock on April 22, 2025, at no cost, increasing his total holdings to 1,344,946 shares.

Summary

• On April 22, 2025, Ira Levy, the CEO, CFO, and President of Surge Components Inc. (SPRS), acquired 14,659 shares of common stock.
• The acquisition was made under the company's 2015 Incentive Stock Plan.
• The shares were granted to Ira Levy for no consideration ($0).
• Following the transaction, Ira Levy directly owns 1,344,946 shares of Surge Components Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by the CEO could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence by the CEO.

Key Dates

Keywords

Surge Components, Ira Levy, stock acquisition, Form 4, beneficial ownership, SPRS, CEO, Incentive Stock Plan