CPS Technologies (CPSH) CFO exercises 25,000 options, 8,970 shares withheld
Rhea-AI Filing Summary
CPS Technologies CFO Charles Kellogg Griffith Jr reported compensation-related stock transactions. He exercised options for 25,000 shares of Common Stock at $1.55 per share and had 8,970 shares withheld at $4.32 per share to cover tax obligations. Following these transactions, he directly owns 66,399 Common Stock shares and 55,000 Common Stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,030 shares
Net Buy
3 txns
Insider
Griffith Charles Kellogg Jr
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock Option | 25,000 | $1.55 | $39K |
| Exercise | Common Stock | 25,000 | $1.55 | $39K |
| Exercise Price or Tax Liability | Common Stock | 8,970 | $4.32 | $39K |
Holdings After Transaction:
Common Stock Option — 55,000 shares (Direct);
Common Stock — 66,399 shares (Direct)
Key Figures
Options exercised: 25,000 shares
Exercise price: $1.55/share
Shares withheld for taxes: 8,970 shares
+4 more
7 metrics
Options exercised
25,000 shares
Common Stock options exercised at $1.55 per share
Exercise price
$1.55/share
Strike price for 25,000 Common Stock options
Shares withheld for taxes
8,970 shares
Tax-withholding disposition at $4.32 per share
Tax withholding price
$4.32/share
Value used for 8,970 withheld shares
Common shares after transactions
75,369 shares
Direct Common Stock holdings following Form 4 transactions
Options remaining
55,000 options
Common Stock options outstanding after the reported exercise
Tax-withholding shares in summary
8,970 shares
TaxWithholdingShares from transactionSummary
Key Terms
tax-withholding disposition, derivative exercise/conversion, Common Stock Option
3 terms
tax-withholding disposition financial
"had 8,970 shares withheld at $4.32 per share to cover tax obligations"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"He exercised options for 25,000 shares of Common Stock at $1.55 per share"
Common Stock Option financial
"Following the option exercise, 55,000 Common Stock options remain outstanding"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CPSH CFO Charles Kellogg Griffith Jr report?
CPS Technologies CFO Charles Kellogg Griffith Jr exercised options for 25,000 Common Stock shares and had 8,970 shares withheld for taxes. These transactions were reported as routine compensation-related moves rather than open-market buying or selling activity.
At what price did the CPSH CFO exercise his stock options?
The CPS Technologies CFO exercised stock options at $1.55 per share for 25,000 Common Stock shares. This reflects the option strike price, not a market trade, and converts derivative awards into directly owned shares as part of his compensation package.
What CPSH stock options remain after the CFO’s exercise?
Following the option exercise, 55,000 Common Stock options remain outstanding for the CPS Technologies CFO. These options, separate from his direct shareholdings, represent additional potential equity exposure if exercised before their stated expiration date in the award terms.