ACME United CFO reports option grant and net exercise
ACME United Corp Chief Financial Officer Paul G. Driscoll reported option awards and related transactions in company stock.
Rhea-AI Filing Summary
ACME United Corp Chief Financial Officer Paul G. Driscoll reported option awards and related transactions in company stock. On March 2, 2026, he received an employee stock option for 15,000 shares at an exercise price of $44.77 per share. According to the vesting schedule, 3,750 option shares will vest on each of March 2, 2027, March 2, 2028, March 2, 2029, and March 2, 2030.
On February 27, 2026, Driscoll exercised 15,000 employee stock options at $21.49 per share and simultaneously disposed of 15,000 shares of common stock to the issuer at $45.88 per share. The option exercise was effected on a net cash settlement basis directly with the company, without the actual issuance of any new shares of underlying common stock. After these transactions, he held 50,398 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option | 15,000 | $44.77 | $672K |
| Exercise | Employee Stock Option | 15,000 | $21.49 | $322K |
| Exercise | Common Stock | 15,000 | $21.49 | $322K |
| Disposition | Common Stock | 15,000 | $45.88 | $688K |
Footnotes (2)
- F1. The exercise of the subject option was effected on a net cash settlement basis in a transaction directly with the issuer not involving the actual issuance of any shares of the underlying common stock.
- F2. 3,750 shares will vest on March 2, 2027. 3,750 shares will vest on March 2, 2028. 3,750 shares will vest on March 2, 2029. 3,750 shares will vest on March 2, 2030.
FAQ
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What insider transactions did ACU CFO Paul G. Driscoll report on this Form 4?
What are the key terms of the new stock option grant to ACU’s CFO?
What does net cash settlement mean in the ACU CFO’s option exercise?
When will the ACU CFO’s newly granted stock options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.