Espey director exercises 2,300 options, sells 2,089 shares
The director's reported stock transactions were not identified as occurring under a Rule 10b5-1 plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Espey Mfg & Electronics Corp. director Paul J. Corr exercised options for 2,300 shares on September 25, 2026, at an exercise price of $13.98 per share, and acquired 2,300 common shares. He sold 2,089 shares in multiple reported lots that day, at prices ranging from $64.26 to $66.79 per share. The reported option balance after the exercise was 6,100 options.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
31 txns
Insider
CORR PAUL J
Role
Director
Sold
2,089 shs ($137K)
Approx. gross sale proceeds
$137K
Approx. exercise cost
$32K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,300 | $13.98 | $32K |
| Exercise | Common Stock - $.33 1/3 par value | 2,300 | $13.98 | $32K |
| Sale | Common Stock - $.33 1/3 par value | 90 | $66.14 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 10 | $66.13 | $661.30 |
| Sale | Common Stock - $.33 1/3 par value | 166 | $66.39 | $11K |
| Sale | Common Stock - $.33 1/3 par value | 39 | $66.26 | $3K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.20 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 200 | $66.27 | $13K |
| Sale | Common Stock - $.33 1/3 par value | 10 | $66.28 | $662.80 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.62 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 78 | $66.77 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.79 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 52 | $66.78 | $3K |
| Sale | Common Stock - $.33 1/3 par value | 31 | $65.61 | $2K |
| Sale | Common Stock - $.33 1/3 par value | 189 | $65.60 | $12K |
| Sale | Common Stock - $.33 1/3 par value | 21 | $65.61 | $1K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.27 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 80 | $65.59 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 3 | $65.60 | $196.80 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.25 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 6 | $65.02 | $390.12 |
| Sale | Common Stock - $.33 1/3 par value | 74 | $64.99 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 59 | $65.00 | $4K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $64.26 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 84 | $64.75 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 43 | $64.71 | $3K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $64.55 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 45 | $65.10 | $3K |
| Sale | Common Stock - $.33 1/3 par value | 5 | $64.50 | $322.50 |
| Sale | Common Stock - $.33 1/3 par value | 4 | $64.49 | $257.96 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $64.48 | $6K |
Holdings After Transaction:
Stock Option — 6,100 contracts (Direct);
Common Stock - $.33 1/3 par value — 20,650 shares (Direct)
Key Figures
Stock options exercised: 2,300 shares
Exercise price: $13.98 per share
Common shares acquired: 2,300 shares
+3 more
6 metrics
Stock options exercised
2,300 shares
September 25, 2026
Exercise price
$13.98 per share
Options exercised September 25, 2026
Common shares acquired
2,300 shares
September 25, 2026
Common shares sold
2,089 shares
September 25, 2026
Reported sale prices
$64.26-$66.79 per share
Reported sale lots on September 25, 2026
Stock option balance after exercise
6,100 options
Following the September 25, 2026 exercise
Key Terms
Stock Option, exercise price, derivative security, Rule 10b5-1 plan
4 terms
Stock Option financial
"Stock Option; 2,300 underlying Common Stock shares"
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.
exercise price financial
"at an exercise price of $13.98 per share"
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.
derivative security financial
"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.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.
