Form 4: Taylor Devices Director Acquires 7,000 Stock Options
SEC Form 4 Filing
Robert Michael Carey, a director at Taylor Devices Inc., acquired 7,000 stock options on April 18, 2024.
Summary
- On April 18, 2024, Robert Michael Carey, a director of Taylor Devices Inc., acquired 7,000 stock options.
- The exercise price of these options is $46.9926.
- The options are exercisable immediately and expire on April 18, 2034.
- Following the transaction, Carey directly owns 7,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock option acquisition, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction could have a minor impact on shareholders by potentially diluting equity if the options are exercised in the future.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of transaction and grant of stock options |
| 04/18/2034 | Expiration date of the stock options |
| 04/19/2024 | Date of Form 4 signature |
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