CSPI (CSPI) CEO awarded 8,500 shares, now holds 216,360
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVINE GARY W reported acquisition or exercise transactions in this Form 4 filing.
CSP Inc. CEO and Secretary Gary W. Levine received a grant of 8,500 shares of Common Stock of CSPI. The award was recorded at a price of $0.00 per share, indicating a stock grant rather than an open-market purchase. Following this grant, Levine directly holds 216,360 shares of CSPI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEVINE GARY W
Role
CEO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 216,360 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 8,500 shares
Grant price per share: $0.00 per share
Shares held after transaction: 216,360 shares
3 metrics
Shares granted
8,500 shares
Common Stock grant to CEO and Secretary Gary W. Levine
Grant price per share
$0.00 per share
Reported transaction price for the 8,500-share award
Shares held after transaction
216,360 shares
Direct Common Stock holdings following the grant
Key Terms
Common Stock, Grant, award, or other acquisition, non-derivative, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct", ownership_code: "D""
FAQ
What insider transaction did CSPI (CSPI) report for Gary W. Levine?
CSP Inc. reported that CEO and Secretary Gary W. Levine received a grant of 8,500 shares of Common Stock. The shares were awarded at $0.00 per share, indicating a stock grant rather than a market purchase, and increased his direct holdings.
What transaction code was used in CSPI CEO Gary Levine’s Form 4 filing?
The Form 4 filing for CSPI lists transaction code "A" for Gary W. Levine’s transaction. This code is described as a "Grant, award, or other acquisition," meaning the 8,500 Common Stock shares were awarded rather than bought on the open market.
Is Gary W. Levine’s CSPI stock holding direct or indirect after the grant?
Gary W. Levine’s holdings of 216,360 CSPI Common Stock shares are reported as direct ownership. The Form 4 indicates ownership type "direct" with ownership code "D," and no nature of indirect ownership is provided in the transaction details.