Espey officer exercises options for 2,500 shares

The CHRO and Corporate Secretary of ESP exercised options for 2,500 shares at $21.50, increasing direct and ESOP-based equity holdings.

Rhea-AI Filing Summary

ESPEY MFG & ELECTRONICS CORP (ESP) reported that Jennifer Michele Pickering, its CHRO & Corporate Secretary, exercised stock options on September 10, 2026 to acquire 2,500 shares of common stock at $21.50 per share, resulting in 2,500 shares held directly. She also has 1,375 shares held indirectly through an ESOP, including 705 shares granted June 30, 2026, which are 20% vested as of this filing with vesting rising to 100% by June 30, 2030. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

2,500 shares exercised/converted

Exercise 3 txns

Insider Pickering Jennifer Michele

Role CHRO & Corporate Secretary

Type	Security	Shares	Price	Value
Exercise	Stock Option	2,500	$21.50	$54K
Exercise	Common Stock - $.33 1/3 par value	2,500	$21.50	$54K
holding	Common Stock - $.33 1/3 par value F1	--	--	--

Holdings After Transaction: Stock Option — 2,500 contracts (Direct); Common Stock - $.33 1/3 par value — 2,500 shares (Direct); Common Stock - $.33 1/3 par value — 1,375 shares (Indirect, ESOP)

Footnotes (1)

1. F1. 705 ESOP shares were given 6/30/2026. ESOP shares are 20% vested as of the filing. The remainder of the vesting schedule for the shares is as follows: 40% vested June 30, 2027; 60% vested June 30, 2028; 80% vested June 30, 2029; 100% vested June 30, 2030.

Key Figures

Options exercised: 2,500 shares Exercise price: $21.50 per share Direct common shares after transaction: 2,500 shares +4 more

7 metrics

Options exercised 2,500 shares Stock options converted into common stock on September 10, 2026

Exercise price $21.50 per share Price paid to exercise options for 2,500 shares

Direct common shares after transaction 2,500 shares Common stock held directly by the officer following the exercise

Indirect ESOP holdings 1,375 shares Common stock held indirectly through an ESOP after the reported transactions

ESOP grant 705 shares ESOP shares granted June 30, 2026, subject to stated vesting schedule

Current ESOP vesting 20% Portion of the 705 ESOP shares vested as of this filing

Final ESOP vesting date June 30, 2030 Date by which the 705 ESOP shares are 100% vested

Key Terms

ESOP, vested, par value

3 terms

ESOP financial

"ESOP shares were given 6/30/2026. ESOP shares are 20% vested"

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.

vested financial

"ESOP shares are 20% vested as of the filing."

par value financial

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

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ESP report for Jennifer Michele Pickering?

Jennifer Michele Pickering exercised stock options on September 10, 2026 to acquire 2,500 shares of ESPEY common stock at $21.50 per share, resulting in 2,500 shares held directly after the transaction.

What was the exercise price of the ESP options exercised?

The options exercised by Jennifer Michele Pickering on September 10, 2026 had an exercise price of $21.50 per share, covering 2,500 underlying shares of ESPEY common stock.

How many ESP shares does Jennifer Michele Pickering hold directly after this Form 4?

After the reported transactions, Jennifer Michele Pickering holds 2,500 shares of ESPEY common stock directly, reflecting the shares received from the exercised stock options.

How many ESP shares does Jennifer Michele Pickering hold indirectly through the ESOP?

Jennifer Michele Pickering has 1,375 shares of ESPEY common stock held indirectly through an ESOP, according to the holdings information reported in the filing.

What is the vesting schedule for Jennifer Michele Pickering’s 705 ESOP shares of ESP?

For the 705 ESOP shares granted June 30, 2026, vesting is 20% as of this filing, then 40% on June 30, 2027, 60% on June 30, 2028, 80% on June 30, 2029, and 100% on June 30, 2030.

Were ESP’s reported insider transactions made under a Rule 10b5-1 plan?

No. The filing indicates that the transactions reported for Jennifer Michele Pickering were not made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 01:16 PM Accepted by SEC EDGAR 09/11/2026 - 01:15 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^*

Pickering Jennifer Michele

(Last) (First) (Middle)

16 CORONADO WAY

(Street)

MALTA NEW YORK 12020

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHRO & Corporate Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

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	09/10/2026		M		2,500	A	$21.5	2,500	D
Common Stock - $.33 1/3 par value								1,375(1)	I	ESOP

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
Stock Option	$21.5	09/10/2026	09/10/2026	M			2,500	07/01/2026	07/01/2034	Common Stock	2,500	$21.5	2,500	D

Explanation of Responses:

1. 705 ESOP shares were given 6/30/2026. ESOP shares are 20% vested as of the filing. The remainder of the vesting schedule for the shares is as follows: 40% vested June 30, 2027; 60% vested June 30, 2028; 80% vested June 30, 2029; 100% vested June 30, 2030.

	/s/ Jennifer Pickering	09/10/2026
	** 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)