ACME United (NYSE: ACU) President reports option grant, exercise, cash settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACME UNITED CORP director and President/COO Brian S. Olschann reported option and stock transactions. He received a grant of 20,000 employee stock options at $44.77 per share, with 5,000 options vesting annually from March 2, 2027 through March 2, 2030. He also exercised 15,000 options at $24.92 per share into 15,000 shares of common stock and, in a related transaction with the issuer, disposed of 15,000 common shares at $45.88 per share via a net cash settlement that did not involve issuing new shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,000 shares exercised/converted
Mixed
4 txns
Insider
OLSCHAN BRIAN S
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option | 20,000 | $44.77 | $895K |
| Exercise | Employee Stock Option | 15,000 | $24.92 | $374K |
| Exercise | Common Stock | 15,000 | $24.92 | $374K |
| Disposition | Common Stock | 15,000 | $45.88 | $688K |
Holdings After Transaction:
Employee Stock Option — 261,700 shares (Direct);
Common Stock — 56,209 shares (Direct)
Footnotes (1)
- 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. 5,000 shares will vest on March 2, 2027. 5,000 shares will vest on March 2, 2028. 5,000 shares will vest on March 2, 2029. 5,000 shares will vest on March 2, 2030.
FAQ
What insider transactions did ACME UNITED CORP (ACU) report for Brian S. Olschann?
Brian S. Olschann reported a grant of 20,000 employee stock options at $44.77, the exercise of 15,000 options at $24.92 into common stock, and a net cash settlement disposition of 15,000 common shares back to the issuer at $45.88.
What are the vesting terms of the new 20,000 stock options at ACME UNITED (ACU)?
The 20,000 employee stock options vest in four equal installments. 5,000 options vest on March 2, 2027, 5,000 on March 2, 2028, 5,000 on March 2, 2029, and 5,000 on March 2, 2030, subject to standard vesting conditions.
What role does Brian S. Olschann hold at ACME UNITED CORP (ACU)?
Brian S. Olschann is identified as both a director and an officer of ACME UNITED CORP, serving as President and Chief Operating Officer. His Form 4 transactions reflect equity-based compensation and related exercises tied to that leadership role.
How many ACME UNITED (ACU) derivative securities did Brian S. Olschann hold after the reported transactions?
After the reported derivative transactions, Brian S. Olschann held 261,700 employee stock options. This reflects his updated option position following the 20,000-option grant and the 15,000-option exercise described in the Form 4.