inTEST Corp (INTT) CEO awarded stock, sells shares for taxes
Rhea-AI Filing Summary
inTEST Corp President & CEO Richard N. Grant Jr. reported new equity awards and a small share sale. He received 13,822 restricted shares that vest in four equal annual installments starting on March 16, 2027, and 13,822 performance-based restricted shares that may vest in March 2029 depending on performance, with a maximum of 20,733 shares vesting at above-target results. He was also granted an option for 23,365 shares of common stock at an exercise price of $14.47, vesting over four years beginning on March 16, 2027.
On March 18, 2026, Grant sold 1,636 common shares at a weighted average price of $14.279 per share to satisfy tax withholding obligations tied to restricted stock vesting, under a Rule 10b5-1 trading plan adopted on December 8, 2023. After this sale, he directly owns 212,730 common shares. He also continues to hold multiple option grants with exercise prices ranging from $7.74 to $16.06 and expiration dates between 2031 and 2035.
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FAQ
What insider transactions did INTT CEO Richard N. Grant Jr. report?
How many INTT shares does the CEO hold after these Form 4 transactions?
What stock option award did the INTT CEO receive in this filing?
Why did the INTT CEO sell 1,636 shares and at what price?
What are the key vesting terms for the INTT CEO’s new restricted shares?
What other stock options does the INTT CEO continue to hold?