Espey (NYSE: ESP) director Michael Wool donates 1,500 company shares

Rhea-AI Filing Summary

ESPEY MFG & ELECTRONICS CORP director Michael W. Wool reported non-market gift transfers of company stock. He made bona fide gifts totaling 1,500 shares of common stock in two transactions on June 22, 2026, valued at $11.25 and $8.98 per share. According to a footnote, he also holds 10,550 unexercised stock options in addition to his directly held shares after these donations.

Insider Trade Summary

1,500 shares gifted

Mixed 2 txns

Insider WOOL MICHAEL W

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock - $.33 1/3 par value	600	$8.98	$5K
Gift	Common Stock - $.33 1/3 par value	900	$11.25	$10K

Holdings After Transaction: Common Stock - $.33 1/3 par value — 20,792 shares (Direct, null)

Footnotes (1)

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Key Figures

Gifted shares (first transaction): 900 shares at $11.25 Gifted shares (second transaction): 600 shares at $8.98 Total shares gifted: 1,500 shares +1 more

4 metrics

Gifted shares (first transaction) 900 shares at $11.25 Bona fide gift of common stock on June 22, 2026

Gifted shares (second transaction) 600 shares at $8.98 Bona fide gift of common stock on June 22, 2026

Total shares gifted 1,500 shares Aggregate of two bona fide gifts reported

Unexercised stock options 10,550 options Unexercised options held after donation transaction

Key Terms

bona fide gift, Common Stock - $.33 1/3 par value, unexercised stock options

3 terms

bona fide gift financial

"Both transactions are coded as a bona fide gift of common stock."

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.

Common Stock - $.33 1/3 par value financial

"Security title is listed as Common Stock - $.33 1/3 par value."

unexercised stock options financial

"The individual also has 10,550 unexercised stock options."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 05:46 PM Accepted by SEC EDGAR 06/23/2026 - 05:45 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock - $.33 1/3 par value	06/22/2026		G		600	D	$8.98	20,792	D
Common Stock - $.33 1/3 par value	06/22/2026		G		900	D	$11.25	19,892(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In addition to the directly held securities listed above after the donation transaction, the individual also has 10,550 unexercised stock options.

	/s/ Michael Wool	06/23/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did ESP director Michael W. Wool report on this Form 4?

Director Michael W. Wool reported bona fide gifts of ESPEY MFG & ELECTRONICS CORP common stock. He donated 1,500 shares in total, split across two transactions, rather than executing any open-market purchases or sales.

How many ESPEY (ESP) shares did Michael W. Wool gift in this filing?

Michael W. Wool gifted 1,500 shares of ESPEY common stock. The Form 4 shows two bona fide gift transactions: 900 shares in one transfer and 600 shares in a separate transfer on the same reported date.

Were Michael W. Wool’s ESP share transfers open-market sales or purchases?

The reported transactions were not open-market trades. Both entries are coded as bona fide gifts, meaning shares were transferred without consideration, so they do not reflect market buying or selling activity in ESPEY stock.

What per-share values are associated with the ESP stock gifts by Michael W. Wool?

The Form 4 lists $11.25 per share for the 900-share gift and $8.98 per share for the 600-share gift. These figures provide a reference value for the donated ESPEY common stock in each transaction.

What ESPEY (ESP) equity exposure does Michael W. Wool retain after these gifts?

In addition to directly held shares reported after the donations, a footnote states he holds 10,550 unexercised stock options. These options represent a remaining potential equity position in ESPEY MFG & ELECTRONICS CORP.