ESPEY director exercises options for 2,150 shares
ESPEY MFG & ELECTRONICS CORP director Michael W. Wool exercised stock options to acquire 2,150 shares of common stock at $20.50 per share.
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Form Type
4
Rhea-AI Filing Summary
ESPEY MFG & ELECTRONICS CORP director Michael W. Wool exercised stock options to acquire 2,150 shares of common stock at $20.50 per share. Following the transaction, he directly holds 21,392 common shares and 10,550 stock options, indicating a routine exercise of a portion of his awards.
Insider Trade Summary
2,150 shares exercised/converted
Exercise
2 txns
Insider
WOOL MICHAEL W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,150 | $20.50 | $44K |
| Exercise | Common Stock - $.33 1/3 par value | 2,150 | $20.50 | $44K |
Holdings After Transaction:
Stock Option — 10,550 contracts (Direct);
Common Stock - $.33 1/3 par value — 21,392 shares (Direct)
Key Figures
Options Exercised: 2,150 shares
Exercise Price: $20.50 per share
Common Shares After: 21,392 shares
+2 more
5 metrics
Options Exercised
2,150 shares
Common stock acquired via option exercise on May 27, 2026
Exercise Price
$20.50 per share
Conversion or exercise price for stock options
Common Shares After
21,392 shares
Direct ESPEY common stock holdings following transaction
Options Remaining
10,550 options
Direct stock option holdings after exercising 2,150 options
Option Expiration
December 6, 2029
Expiration date of the stock option grant
Key Terms
Stock Option, derivative security, Common Stock - $.33 1/3 par value, direct ownership
4 terms
Stock Option financial
"The security title for the derivative transaction is listed as Stock Option."
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
"The transaction code description notes an 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.
Common Stock - $.33 1/3 par value financial
"The non-derivative security title is Common Stock - $.33 1/3 par value."
direct ownership financial
"Each transaction is marked with ownership_code D indicating direct ownership."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESP director Michael W. Wool report on this Form 4?
Michael W. Wool reported exercising stock options to acquire 2,150 shares of ESPEY MFG & ELECTRONICS CORP common stock at $20.50 per share. This is recorded as an exercise or conversion of a derivative security, not as an open-market stock purchase or sale.
At what price did Michael W. Wool exercise his ESPEY (ESP) stock options?
He exercised his ESPEY stock options at $20.50 per share for 2,150 underlying common shares. This exercise price matches the option’s stated conversion or exercise price, reflecting the cost to convert each option into a share of common stock.
What happens to Michael W. Wool’s ESPEY stock options after exercising 2,150 options?
After exercising 2,150 stock options into common shares, he still holds 10,550 stock options directly. These remaining options retain their original $20.50 exercise price and can be exercised before their stated expiration date of December 6, 2029, subject to plan terms.
Does this ESPEY Form 4 show any open-market buying or selling by Michael W. Wool?
The Form 4 shows an exercise of stock options, not open-market buying or selling. Both transactions are coded “M” for derivative exercise or conversion, and transaction flags indicate no open-market buy or sell took place in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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