Espey director sells 2,257 shares, exercises options
Espey Mfg & Electronics Corp director Paul J. Corr reported a mix of stock sales and an option exercise.
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Form Type
4
Rhea-AI Filing Summary
Espey Mfg & Electronics Corp director Paul J. Corr reported a mix of stock sales and an option exercise. On May 15, 2026, he sold a total of 2,257 shares of common stock in multiple open-market trades at prices between $65.42 and $68.20 per share. He also exercised stock options for 2,550 shares at an exercise price of $20.50 per share, converting a derivative position into common stock. Following these transactions, he directly held 20,732 common shares and 10,950 stock options.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
31 txns
Insider
CORR PAUL J
Role
Director
Sold
2,257 shs ($150K)
Approx. gross sale proceeds
$150K
Approx. exercise cost
$52K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,550 | $20.50 | $52K |
| Exercise | Common Stock - $.33 1/3 par value | 2,550 | $20.50 | $52K |
| Sale | Common Stock - $.33 1/3 par value | 5 | $68.01 | $340.05 |
| Sale | Common Stock - $.33 1/3 par value | 76 | $65.80 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 84 | $66.63 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 141 | $65.60 | $9K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.94 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 26 | $67.48 | $2K |
| Sale | Common Stock - $.33 1/3 par value | 90 | $66.66 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 8 | $65.81 | $526.48 |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.95 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.57 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.675 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 46 | $66.67 | $3K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.36 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 1 | $68.20 | $68.20 |
| Sale | Common Stock - $.33 1/3 par value | 1 | $66.04 | $66.04 |
| Sale | Common Stock - $.33 1/3 par value | 69 | $67.15 | $5K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.42 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $65.565 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.23 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 29 | $66.64 | $2K |
| Sale | Common Stock - $.33 1/3 par value | 15 | $67.16 | $1K |
| Sale | Common Stock - $.33 1/3 par value | 300 | $66.57 | $20K |
| Sale | Common Stock - $.33 1/3 par value | 96 | $66.65 | $6K |
| Sale | Common Stock - $.33 1/3 par value | 15 | $66.09 | $991.35 |
| Sale | Common Stock - $.33 1/3 par value | 99 | $65.90 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 57 | $66.56 | $4K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.37 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 100 | $66.15 | $7K |
| Sale | Common Stock - $.33 1/3 par value | 99 | $65.91 | $7K |
Holdings After Transaction:
Stock Option — 10,950 contracts (Direct);
Common Stock - $.33 1/3 par value — 20,732 shares (Direct)
Key Figures
Shares sold: 2,257 shares
Sale price range: $65.42–$68.20 per share
Options exercised: 2,550 shares
+4 more
7 metrics
Shares sold
2,257 shares
Total common shares sold on May 15, 2026
Sale price range
$65.42–$68.20 per share
Prices for open-market common stock sales on May 15, 2026
Options exercised
2,550 shares
Underlying common shares from stock options exercised on May 15, 2026
Option exercise price
$20.50 per share
Exercise price of stock options converted into common stock
Common shares held after
22,989 shares
Direct common stock holdings following reported transactions
Options held after
10,950 options
Direct stock option holdings following reported transactions
Net share change
-2,257 shares
Net buy/sell shares from transaction summary (net-sell)
Key Terms
open-market sale, Stock Option, derivative security, non-derivative, +1 more
5 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.
Stock Option financial
"security_title": "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
"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.
non-derivative financial
"transaction_type": "non-derivative""
exercise price financial
"conversion_or_exercise_price": "20.5000""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESP director Paul J. Corr report?
Paul J. Corr reported a combination of stock sales and an option exercise. He sold 2,257 shares of Espey common stock in open-market trades and exercised stock options for 2,550 shares at a $20.50 exercise price, increasing his direct share holdings.
What stock options did Paul J. Corr exercise in this ESP Form 4?
He exercised stock options covering 2,550 underlying shares of Espey common stock at an exercise price of $20.50 per share. These options were originally granted with an exercise date of December 6, 2021 and an expiration date of December 6, 2029.
What are Paul J. Corr’s ESP holdings after the reported transactions?
After the reported transactions, Paul J. Corr directly held 22,989 shares of Espey common stock and 10,950 stock options. These figures come from the post-transaction share and option balances disclosed alongside the May 15, 2026 sales and option exercise entries.
Were Paul J. Corr’s ESP transactions open-market trades or private deals?
The transactions were reported as open-market sales of common stock. Each sale entry uses transaction code “S” with the description “Sale in open market or private transaction,” and includes specific per-share sale prices that match typical open-market trading activity on that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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