STOCK TITAN

ESPEY MFG & ELECTRONICS CORP (ESP) director gifts 100 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ESPEY MFG & ELECTRONICS CORP director Michael W Wool reported a bona fide gift transfer of 100 shares of common stock on 2026-08-04 at 8.9800 per share. After this family-member gift, he directly holds 19,792 shares and also has 10,550 unexercised stock options; the transaction was not under a Rule 10b5-1 plan.

Positive

  • None.

Negative

  • None.
Insider WOOL MICHAEL W
Role Director
Type Security Shares Price Value
Gift Common Stock - $.33 1/3 par value F1 100 $8.98 $898.00
Holdings After Transaction: Common Stock - $.33 1/3 par value — 19,792 shares (Direct)
Footnotes (1)
  1. F1. In addition to the directly held securities listed above after the family member gifting transaction, the individual also has 10,550 unexercised stock options.
Shares gifted 100.0000 shares Bona fide gift of common stock on 2026-08-04
Gift transaction price 8.9800 per share Transaction price per share used for the 100-share gift
Direct holdings after transaction 19792.0000 shares Common stock directly held by Michael W Wool following the gift
Unexercised stock options 10550 options Stock options held in addition to directly owned shares after the family-member gift
Bona fide gift financial
"transaction code G is described as a Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
unexercised stock options financial
"the individual also has 10,550 unexercised stock options"
par value financial
"Common Stock - $.33 1/3 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Michael W Wool report for ESP on this Form 4?

Michael W Wool reported a bona fide gift of 100 shares of ESPEY MFG & ELECTRONICS CORP common stock on 2026-08-04 at 8.9800 per share, classified under transaction code G as a gift transfer rather than a market sale or purchase.

How many ESP shares does Michael W Wool hold after the reported gift?

After the reported gift, Michael W Wool directly holds 19,792 shares of ESPEY MFG & ELECTRONICS CORP common stock. In addition, a footnote states that he also has 10,550 unexercised stock options, separate from his directly owned shares.

Was Michael W Wool’s ESP Form 4 transaction under a Rule 10b5-1 plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan, as the Rule 10b5-1 checkbox is unchecked, meaning the bona fide gift was not executed pursuant to a pre-arranged trading arrangement.

What type of security was involved in the ESP Form 4 transaction?

The transaction involved Common Stock - $.33 1/3 par value of ESPEY MFG & ELECTRONICS CORP. The Form 4 records a bona fide gift of 100 shares of this common stock by director Michael W Wool to a family member.

What does transaction code G mean in Michael W Wool’s ESP filing?

Transaction code G in the filing is described as a bona fide gift. This indicates the 100-share transfer of ESPEY MFG & ELECTRONICS CORP common stock was a gift, not a sale or purchase in the open market.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WOOL MICHAEL W

(Last)(First)(Middle)
131 HILLS POINT RD

(Street)
CHARLOTTE VERMONT 05445

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ESPEY MFG & ELECTRONICS CORP [ ESP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock - $.33 1/3 par value08/04/2026G100D$8.9819,792(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. In addition to the directly held securities listed above after the family member gifting transaction, the individual also has 10,550 unexercised stock options.
/s/ Michael W. Wool08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)