American Shared Hospital Services (AMS) chair awarded warrant for 220,000 shares
Rhea-AI Filing Summary
American Shared Hospital Services executive Raymond C. Stachowiak, who is Executive Chairman and a more than 10% owner, reported the grant of a warrant to acquire 220,000 shares of common stock. The warrant, held indirectly through RCS/TIG Holdings LLC, is exercisable at $1.45 per share and expires on July 22, 2027. The board of directors approved the grant, which is reported as exempt from Section 16(b) under Rule 16b-3(d)(1).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stachowiak Raymond C
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrant (right to buy) F1 | 220,000 | $0.00 | $0.00 |
Holdings After Transaction:
Warrant (right to buy) — 220,000 shares (Indirect, By RCS/TIG Holdings LLC)
Footnotes (1)
- F1. This warrant is owned directly RCS/TIG Holdings LLC ("RCS/TIG"). As the owner-manager of RCS/TIG, Mr. Raymond Stachowiak is deemed to have indirect beneficial ownership of the securities held by RCS/TIG due to his pecuniary interest therein. The grant of this warrant was approved by the board of directors of American Shared Hospital Services and is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(d)(1) promulgated thereunder.
Key Figures
Warrant grant size: 220,000 warrants
Exercise price: $1.45 per share
Expiration date: July 22, 2027
+3 more
6 metrics
Warrant grant size
220,000 warrants
Derivative security granting right to buy common stock
Exercise price
$1.45 per share
Price to acquire each underlying AMS common share
Expiration date
July 22, 2027
Date the reported warrant expires
Underlying shares
220,000 shares
Common shares underlying the reported warrant
Post-grant warrant holdings
220,000 warrants
Total derivative securities held indirectly after this grant
Grant price per warrant
$0.0000
Reported transaction price per derivative security
Key Terms
warrant, indirect beneficial ownership, pecuniary interest, Section 16(b), +1 more
5 terms
warrant financial
"This warrant is owned directly RCS/TIG Holdings LLC"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
indirect beneficial ownership financial
"is deemed to have indirect beneficial ownership of the securities"
pecuniary interest financial
"due to his pecuniary interest therein"
Section 16(b) regulatory
"is exempt from Section 16(b) of the Securities Exchange Act"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(d)(1) regulatory
"pursuant to Rule 16b-3(d)(1) promulgated thereunder"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AMS report for Raymond C. Stachowiak?
American Shared Hospital Services reported that Raymond C. Stachowiak received a warrant grant for 220,000 shares of common stock. This is an indirect derivative award, not an open-market stock purchase or sale.
What are the key terms of Raymond Stachowiak’s AMS warrant?
The warrant allows the holder to buy 220,000 AMS common shares at an exercise price of $1.45 per share. It carries an expiration date of July 22, 2027, after which any unexercised portion will lapse.
How is ownership of the AMS warrant attributed for Raymond Stachowiak?
The warrant is held by RCS/TIG Holdings LLC, and Stachowiak is deemed to have indirect beneficial ownership through his pecuniary interest as owner-manager. The Form 4 classifies the position as indirect ownership.
Was the AMS warrant grant to Raymond Stachowiak board-approved and exempt under Section 16(b)?
Yes. The warrant grant was approved by the board of directors of American Shared Hospital Services and is reported as exempt from Section 16(b) pursuant to Rule 16b-3(d)(1) under the Securities Exchange Act.
Was Raymond Stachowiak’s AMS warrant grant under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is marked false, indicating this derivative award is not being reported as made under a pre-arranged Rule 10b5-1 trading plan.