Espey director sells 2,550 shares after option exercise
ESPEY MFG & ELECTRONICS CORP director Paul J. Corr reported an exercise-and-sell transaction in company stock.
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Form Type
4
Rhea-AI Filing Summary
ESPEY MFG & ELECTRONICS CORP director Paul J. Corr reported an exercise-and-sell transaction in company stock. On June 23, 2026, he exercised stock options for 2,550 shares of common stock at an exercise price of $18.05 per share and sold 2,550 shares in multiple open-market trades at prices between $65.08 and $66.40 per share.
Following these transactions, Corr directly owns 20,439 shares of common stock and holds 8,400 stock options, according to the filing. The activity reflects a conversion of options into shares and matching open-market sales on the same day.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
27 txns
Insider
CORR PAUL J
Role
Director
Sold
2,550 shs ($168K)
Approx. gross sale proceeds
$168K
Approx. exercise cost
$46K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,550 | $18.05 | $46K |
| Exercise | Common Stock - $.33 1/3 par value | 2,550 | $18.05 | $46K |
| Sale | Common Stock - $.33 1/3 par value | 12 | $65.08 | $780.96 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.30 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.425 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 200 | $65.515 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.59 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.635 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.685 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.74 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 200 | $65.80 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 150 | $65.84 | $10K |
| Sale | Common Stock - $.33 1/3 par value | 104 | $65.94 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 200 | $65.985 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 200 | $65.99 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.005 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.03 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 17 | $66.12 | $1K |
| Sale | Common Stock - $.33 1/3 par value | 11 | $66.16 | $727.76 |
| Sale | Common Stock - $.33 1/3 par value | 200 | $66.175 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.18 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.195 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 12 | $66.23 | $794.76 |
| Sale | Common Stock - $.33 1/3 par value | 12 | $66.285 | $795.42 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.305 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 32 | $66.385 | $2K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.40 | $7K |
Holdings After Transaction:
Stock Option — 8,400 contracts (Direct);
Common Stock - $.33 1/3 par value — 20,439 shares (Direct)
Key Figures
Shares sold: 2,550 shares
Sale price range: $65.08–$66.40 per share
Options exercised: 2,550 shares
+3 more
6 metrics
Shares sold
2,550 shares
Open-market sales on June 23, 2026
Sale price range
$65.08–$66.40 per share
Common stock open-market trades
Options exercised
2,550 shares
Stock option exercise on June 23, 2026
Option exercise price
$18.05 per share
Stock option strike price
Common shares owned after
22,989 shares
Direct ESPEY common stock holdings post-transaction
Options held after
8,400 options
Remaining stock options expiring October 21, 2030
Key Terms
open-market sale, Stock Option, derivative security, exercise price, +1 more
5 terms
open-market sale financial
"classified as an open-market sale in the transaction details"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option financial
"security_title is listed as Stock Option for the derivative entry"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
derivative security financial
"described as Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"exercise price of $18.05 per share is shown for the options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
net-sell financial
"transactionSummary shows a netBuySellDirection of net-sell"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESPEY (ESP) director Paul J. Corr report?
Paul J. Corr reported exercising stock options for 2,550 shares and selling 2,550 shares of ESPEY common stock in multiple open-market trades on June 23, 2026. The filing classifies these as open-market sales and a derivative exercise.
What stock options did Paul J. Corr exercise in this ESPEY (ESP) filing?
Corr exercised stock options covering 2,550 underlying shares of ESPEY common stock at an exercise price of $18.05 per share. These options are recorded as a derivative security with an expiration date of October 21, 2030 in the filing.
Does Paul J. Corr still hold ESPEY (ESP) stock options after this Form 4?
Yes. The Form 4 shows Corr holding 8,400 stock options after exercising 2,550 options. These remaining options relate to ESPEY common stock and carry an exercise price of $18.05 per share with an expiration date of October 21, 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
