M-tron Industries (MPTI) director receives annual grant of 242 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LaPenta Robert V Jr reported acquisition or exercise transactions in this Form 4 filing.
M-tron Industries, Inc. director Robert V. LaPenta Jr. received an annual stock grant of 242 shares of common stock as compensation for his role as a non-employee director. The shares were awarded at no cash cost to him, increasing his directly held position to 4,509 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LaPenta Robert V Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 242 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,509 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did M-tron Industries (MPTI) report for Robert V. LaPenta Jr.?
M-tron Industries reported that director Robert V. LaPenta Jr. received a grant of 242 shares of common stock. This was an annual stock award for his service as a non-employee director, not an open-market purchase or sale.
Was the MPTI Form 4 transaction a stock buy or sell by the director?
The Form 4 shows an acquisition via grant, not a market trade. Code "A" indicates a grant or award, and the shares were issued at a price of $0.0000 per share as part of director compensation, not a discretionary buy or sell.
What does transaction code "A" mean on the MPTI Form 4 filing?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents an annual stock grant of 242 common shares to a non-employee director as part of his regular board compensation.
Is the M-tron Industries (MPTI) director stock grant part of a trading plan?
The filing describes the transaction as an annual stock grant to a non-employee director. It is characterized as routine compensation rather than a transaction under a trading plan or a voluntary open-market trade in M-tron Industries shares.