IEH Corp CFO exercises 15,000 stock options
IEH Corp's CFO and Treasurer, Subrata Purkayastha, exercised stock options to acquire 15,000 shares of common stock at $5.65 per share.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to Purchase Common Stock, par value, $0.01 | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 15,000 | $5.65 | $85K |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 4,461 | $19.00 | $85K |
Footnotes (1)
- 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.
FAQ
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What did IEH Corp (IEHC) CFO Subrata Purkayastha report on this Form 4?
How many IEH Corp (IEHC) options did the CFO exercise and at what price?
What do the M and F transaction codes mean in this IEH Corp (IEHC) Form 4?
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