Espey (ESP) CEO trims stake with 2,500-share open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESPEY MFG & ELECTRONICS CORP director and President & CEO David A. Oneil reported an open-market sale of 2,500 shares of common stock at $67.71 per share on June 22, 2026. After this sale, he directly holds 13,750 shares of common stock.
He also reports 15,544 shares held indirectly through an ESOP and holds 1,500 unexercised stock options, indicating he retains a meaningful equity interest in the company following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($169,275)
Net Sell
2 txns
Insider
ONEIL DAVID A
Role
President & CEO
Sold
2,500 shs ($169K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock - $.33 1/3 par value | 2,500 | $67.71 | $169K |
| holding | Common Stock - $.33 1/3 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock - $.33 1/3 par value — 13,750 shares (Direct, null);
Common Stock - $.33 1/3 par value — 15,544 shares (Indirect, ESOP)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,500 shares
Sale price: $67.71 per share
Direct holdings after sale: 13,750 shares
+3 more
6 metrics
Shares sold
2,500 shares
Open-market sale on June 22, 2026
Sale price
$67.71 per share
Price for 2,500 common shares sold
Direct holdings after sale
13,750 shares
Common stock directly owned post-transaction
Indirect ESOP holdings
15,544 shares
Common stock held indirectly through ESOP
Unexercised stock options
1,500 shares
Shares underlying unexercised options noted in footnote
Net shares sold
2,500 shares
Net buy/sell direction in transaction summary
Key Terms
open-market sale, ESOP, unexercised stock options
3 terms
open-market sale financial
"Sale in open market or private transaction"
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.
ESOP financial
"nature_of_ownership: ESOP for indirect share holdings"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
unexercised stock options financial
"The reporting person owns 1,500 shares of unexercised stock options"
FAQ
What insider transaction did ESPEY (ESP) report for David A. Oneil?
ESPEY reported that President & CEO David A. Oneil sold 2,500 shares of common stock in an open-market transaction. The shares were sold at $67.71 per share, reflecting a routine Form 4 insider sale disclosure.
Does the ESPEY (ESP) CEO have indirect holdings reported in this filing?
Yes. The filing shows 15,544 ESPEY common shares held indirectly through an ESOP. This ESOP position is reported separately from the CEO’s 13,750 directly held shares following the open-market sale.
What stock option position is disclosed for the ESPEY (ESP) CEO?
A footnote states that the CEO owns 1,500 shares of unexercised stock options. These options are in addition to his direct and ESOP holdings, indicating further potential equity exposure if exercised in the future.