IEH Corp CEO exercises options, amends Form 4
IEH Corp chairman, president and CEO Dave Offerman reported an amended Form 4 reflecting an options exercise and related share surrender.
Rhea-AI Filing Summary
IEH Corp chairman, president and CEO Dave Offerman reported an amended Form 4 reflecting an options exercise and related share surrender. He exercised options for 46,217 shares of common stock at an exercise price of $6.00 per share and received the same number of common shares. Of these, 29,190 shares were surrendered to cover the exercise price, as described in the footnotes. Following these transactions, he directly owns 407,127 shares of common stock. The amendment corrects a prior post-transaction holding figure that was previously misstated by 100 shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to purchase common stock, par value $0.01 per share | 46,217 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01per share | 46,217 | $6.00 | $277K |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 29,190 | $9.50 | $277K |
Footnotes (2)
- F1. Shares surrendered by reporting person to satisfy the exercise price associated with the exercise of the options described in Table II of this Form 4.
- F2. In the original filing of this Form 4 filed on July 1 ,2025, the number of Securities beneficially owned following the reported transaction was incorrectly stated as 407,027 shares. The correct number should have been 407,127 shares of common stock.
FAQ
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What insider transaction did IEHC CEO Dave Offerman report on this Form 4/A?
What are Dave Offerman’s IEHC holdings after the reported transactions?
Why was this IEHC Form 4 filing amended (Form 4/A)?
What type of derivative security did the IEHC CEO exercise?
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