Form 4: Taylor Devices Director Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Director John Burgess exercised stock options and disposed of 5,000 shares of Taylor Devices Inc. common stock on April 8, 2024.
Summary
- On April 8, 2024, John Burgess, a director of Taylor Devices Inc., exercised stock options to acquire 5,000 shares of common stock at a price of $8.9851 per share.
- Following the exercise of these options, Burgess disposed of 5,000 shares.
- After the transaction, Burgess directly owns 35,000 shares of Taylor Devices Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 04/18/2014 | Original date of the options that were exercised. |
| 04/08/2024 | Date of transaction: exercise of stock options and disposal of shares. |
| 04/09/2024 | Date of signature on the Form 4 filing. |
| 04/18/2024 | Expiration date of the options that were exercised. |
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