STOCK TITAN

Frequency Electronics CFO acquires 30,000 shares

The CFO's awards vest in four equal annual installments; shares were withheld to cover tax obligations upon vesting of earlier equity awards.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Frequency Electronics Inc. CFO Steven Lawrence Bernstein acquired 30,000 common shares on April 30, 2026, through performance-based restricted stock units granted February 1, 2026; the units vest in four equal annual installments beginning February 1, 2027. Four direct share-withholding transactions covered tax obligations upon vesting of earlier equity awards: 5,341 shares on January 4, 2026; 92 shares on November 1, 2025; 9,022 shares on July 31, 2025; and 4,140 shares on January 4, 2025. His reported holdings included 5,244 common shares held indirectly through the 401(k) Savings Plan; beneficial ownership was updated as of September 23, 2026.

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Insider Bernstein Steven Lawrence
Role CFO
Type Security Shares Price Value
Grant/Award Common Stock F6, F4 30,000 $0.00 $0.00
Tax Withholding Common Stock F3, F4 5,341 $50.54 $270K
Tax Withholding Common Stock F3, F4 92 $36.47 $3K
Grant/Award Common Stock F5, F4 40,000 $0.00 $0.00
Tax Withholding Common Stock F3, F4 9,022 $26.60 $240K
Tax Withholding Common Stock F3, F4 4,140 $18.47 $76K
Grant/Award Common Stock F2, F4 30,000 $0.00 $0.00
Grant/Award Common Stock F1, F4 20,000 $0.00 $0.00
holding Common Stock F4 -- -- --
Holdings After Transaction: Common Stock — 126,842 shares (Direct); Common Stock — 5,244 shares (Indirect, By 401(k) Savings Plan)
Footnotes (6)
  1. F1. Performance based restricted stock units granted 01/04/2023. As of 07/27/2023 performance requirements have been met; vest in four equal annual installments commencing 01/04/2024.
  2. F2. Performance based restricted stock units granted 07/31/2023. As of 07/31/2024 performance requirements have been met; vest in four equal annual installments commencing 07/31/2024.
  3. F3. Shares withheld by the Company to cover tax obligations upon vesting of previously granted equity awards.
  4. F4. Updated to reflect reporting person's beneficial ownership as of [09/23/2026].
  5. F5. Performance based restricted stock units granted 05/13/2024. As of 07/31/2025 performance requirements have been met; vest in four equal annual installments commencing 07/31/2025.
  6. F6. Performance based restricted stock units granted 02/01/2026. As of 04/30/2026 performance requirements have been met. Restricted stock units vest in four equal annual installments commencing 02/01/2027.
Common shares acquired 30,000 shares April 30, 2026; performance-based restricted stock unit award
Shares withheld 5,341 shares January 4, 2026; tax obligations upon vesting
Shares withheld 92 shares November 1, 2025; tax obligations upon vesting
Shares withheld 9,022 shares July 31, 2025; tax obligations upon vesting
Shares withheld 4,140 shares January 4, 2025; tax obligations upon vesting
Indirect common shares held 5,244 shares Held through the 401(k) Savings Plan; beneficial ownership updated as of September 23, 2026
performance based restricted stock units financial
"Performance based restricted stock units granted"
Performance-based restricted stock units are a form of employee pay where shares are promised but only delivered if the company meets specific performance targets over time. Like a trophy awarded to a team after hitting certain goals, they align employee incentives with business results and can affect future share counts and earnings—so investors watch them for signals about management’s motivation, potential dilution, and the likelihood of meeting growth or profit targets.
annual installments financial
"vest in four equal annual installments"
tax obligations upon vesting financial
"cover tax obligations upon vesting of previously granted equity awards"
beneficial ownership financial
"reflect reporting person's beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

How many FEIM shares did CFO Steven Lawrence Bernstein acquire in April 2026?

He acquired 30,000 common shares on April 30, 2026, through performance-based restricted stock units granted February 1, 2026. The units vest in four equal annual installments beginning February 1, 2027.

Why were FEIM shares withheld in the reported transactions?

The company withheld shares to cover tax obligations upon vesting of previously granted equity awards.

Did FEIM CFO Steven Lawrence Bernstein report a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these transactions.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Bernstein Steven Lawrence

(Last)(First)(Middle)
C/O FREQUENCY ELECTRONICS, INC.
55 CHARLES LINDBERGH BLVD.

(Street)
MITCHEL FIELD NEW YORK 11553

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FREQUENCY ELECTRONICS INC [ FEIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2023
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/27/2023A20,000(1)A$045,437(4)D
Common Stock07/31/2024A30,000(2)A$075,437(4)D
Common Stock01/04/2025F4,140(3)D$18.4771,297(4)D
Common Stock07/31/2025A40,000(5)A$0111,297(4)D
Common Stock07/31/2025F9,022(3)D$26.6102,275(4)D
Common Stock11/01/2025F92(3)D$36.47102,183(4)D
Common Stock01/04/2026F5,341(3)D$50.5496,842(4)D
Common Stock04/30/2026A30,000(6)A$0126,842(4)D
Common Stock5,244(4)IBy 401(k) Savings Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Performance based restricted stock units granted 01/04/2023. As of 07/27/2023 performance requirements have been met; vest in four equal annual installments commencing 01/04/2024.
2. Performance based restricted stock units granted 07/31/2023. As of 07/31/2024 performance requirements have been met; vest in four equal annual installments commencing 07/31/2024.
3. Shares withheld by the Company to cover tax obligations upon vesting of previously granted equity awards.
4. Updated to reflect reporting person's beneficial ownership as of [09/23/2026].
5. Performance based restricted stock units granted 05/13/2024. As of 07/31/2025 performance requirements have been met; vest in four equal annual installments commencing 07/31/2025.
6. Performance based restricted stock units granted 02/01/2026. As of 04/30/2026 performance requirements have been met. Restricted stock units vest in four equal annual installments commencing 02/01/2027.
/s/ Steven Bernstein09/23/2026
** Signature of Reporting PersonDate
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)

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