IEH Corp (IEHC) CFO exercises 15,000 options, 4,461 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IEH Corp's CFO and Treasurer, Subrata Purkayastha, exercised stock options to acquire 15,000 shares of common stock at $5.65 per share. These options, originally granted on April 26, 2024 and expiring on April 26, 2034, were converted into common shares on March 10, 2026.
To cover the exercise price and related obligations, 4,461 shares of common stock were surrendered at $19.00 per share, classified as a tax-withholding disposition rather than an open-market sale. After these transactions, Purkayastha directly owns 10,539 shares of IEH Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,000 shares exercised/converted
Mixed
3 txns
Insider
Purkayastha Subrata
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to Purchase Common Stock, par value, $0.01 | 15,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 15,000 | $5.65 | $85K |
| Tax Withholding | Common Stock, par value $0.01 per share | 4,461 | $19.00 | $85K |
Holdings After Transaction:
Options to Purchase Common Stock, par value, $0.01 — 35,000 shares (Direct);
Common Stock, par value $0.01 per share — 15,000 shares (Direct)
Footnotes (1)
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FAQ
What did IEH Corp (IEHC) CFO Subrata Purkayastha report on this Form 4?
IEH Corp CFO Subrata Purkayastha exercised options for 15,000 shares of common stock. He then surrendered 4,461 shares to cover the exercise price and obligations, ending with 10,539 shares held directly after the transactions on March 10, 2026.
How many IEH Corp (IEHC) options did the CFO exercise and at what price?
The CFO exercised options covering 15,000 shares of IEH Corp common stock at an exercise price of $5.65 per share. These options were originally granted on April 26, 2024 and carried an expiration date of April 26, 2034.
What do the M and F transaction codes mean in this IEH Corp (IEHC) Form 4?
Code M indicates the exercise or conversion of a derivative security, here options into 15,000 shares. Code F reflects 4,461 shares delivered to satisfy the exercise price or tax liability, treated as a tax-withholding disposition.