Form 4: Paris Chad M reports acquisition/exercise transactions in MCS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paris Chad M reported acquisition or exercise transactions in a Form 4 filing for MCS. The filing lists transactions totaling 25,760 shares. Following the reported transactions, holdings were 76,427 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Paris Chad M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,760 | $0.00 | -- |
| holding | Stock Option (right to buy) (granted 10/18/21) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/8/22) | -- | -- | -- |
| holding | Stock Option (right to buy) (granted 3/7/23) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,427 shares (Direct);
Stock Option (right to buy) (granted 10/18/21) — 10,000 shares (Direct);
Stock Option (right to buy) (granted 3/8/22) — 23,000 shares (Direct);
Stock Option (right to buy) (granted 3/7/23) — 29,900 shares (Direct)
Footnotes (1)
- Restricted stock granted February 11, 2026 vests and becomes exercisable as follows: 50% after 2nd anniversary of date of grant and 100% after 3rd anniversary of date of grant. The options originally granted vest and become exercisable as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years.
FAQ
What insider transaction did MCS CFO Chad M. Paris report?
Chad M. Paris reported receiving 25,760 restricted shares of common stock. The grant occurred on February 11, 2026 at $0 per share, classified as a grant or award acquisition, increasing his directly held common stock to 76,427 shares.
What stock options in MCS does the CFO currently hold?
The CFO holds options for 10,000, 23,000, and 29,900 MCS shares. These have exercise prices of $18.68, $17.04, and $15.99, respectively, with expiration dates in 2031, 2032, and 2033, and they vest in stages up to four years after grant.
How do the MCS stock options for the CFO vest over time?
The options vest gradually based on anniversaries of their grant dates. The filing states they vest 50% after the second anniversary, 75% after the third anniversary, and reach 100% vesting after four years from the original grant date.
Is the MCS CFO’s Form 4 transaction a purchase or a grant?
The Form 4 transaction is a grant or award, not an open-market purchase. It is coded as an acquisition (A) at $0 per share, indicating equity compensation rather than a buy or sell transaction in the market.