[Form 4/A] NAPCO SECURITY TECHNOLOGIES, INC Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
NAPCO Security Technologies President & COO Kevin S. Buchel exercised 50,000 employee stock options at $22.495 per share, receiving 50,000 shares of common stock. To cover the exercise price and required tax withholdings through a cashless exercise, 33,560 shares were withheld at $44.98 per share, resulting in a net increase of 16,440 shares of common stock.
After these transactions, Buchel directly owns 79,179 shares of common stock. The filing also shows option holdings for 10,000 shares exercisable with different schedules through August 25, 2032, and additional options exercisable cumulatively at 20% per year commencing May 2, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares exercised/converted
Mixed
5 txns
Insider
BUCHEL KEVIN S
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 50,000 | $22.495 | $1.12M |
| Exercise | Common Stock | 50,000 | $22.495 | $1.12M |
| Tax Withholding | Common Stock | 33,560 | $44.98 | $1.51M |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 47,584 shares (Direct);
Common Stock — 112,739 shares (Direct)
Footnotes (1)
- Represents the number of shares withheld by the Reporting Person as a result of the cashless exercise of stock options, and used to pay the exercise price and required tax withholdings in accordance with the 2012 Employee Stock Option Plan and stock option grant. Reflects a net increase of 16,440 shares resulting from the cashless exercise of 50,000 stock options as reflected in this Form. Exercisable with respect to 8,000 shares until August 24, 2032 and with respect to 2,000 shares from August 25, 2026 from August 25, 2026 until August 25, 2032. Exercisable, cumulatively, at 20% per year commencing May 2, 2024.