STOCK TITAN

Omega Flex (OFLX) extends CEO phantom stock award terms to 2030

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Omega Flex, Inc. reported that Chief Executive Officer and director Rivest Dean W. acquired 2,461 units of phantom stock, each economically equivalent to one share of Omega Flex common stock. The units were granted at a stated price of $0.00 per unit as compensation.

The filing also records amendments to this phantom stock award, changing both the date exercisable and the expiration date from 02/18/2026 to 02/18/2030. After this grant, the CEO held 2,461 phantom stock units directly.

Positive

  • None.

Negative

  • None.
Insider Rivest Dean W.
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Phantom Stock 2,461 $0.00 --
Holdings After Transaction: Phantom Stock — 2,461 shares (Direct)
Footnotes (1)
  1. Each unit of phantom stock is the economic equivalent of one share of the Issuer's common stock. Amendment to change Date Exercisable from 02/18/2026 to 02/18/2030. Amendment to change Expiration Date from 02/18/2026 to 02/18/2030.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rivest Dean W.

(Last) (First) (Middle)
451 CREAMERY WAY

(Street)
EXTON PA 19341

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Omega Flex, Inc. [ OFLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 02/18/2026 A 2,461 02/18/2030(2) 02/18/2030(3) Common Stock 2,461 $0 2,461 D
Explanation of Responses:
1. Each unit of phantom stock is the economic equivalent of one share of the Issuer's common stock.
2. Amendment to change Date Exercisable from 02/18/2026 to 02/18/2030.
3. Amendment to change Expiration Date from 02/18/2026 to 02/18/2030.
Susan B. Asch, Attorney-in-fact 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Omega Flex (OFLX) report for its CEO?

Omega Flex reported that CEO Rivest Dean W. acquired 2,461 units of phantom stock as a grant. Each unit is economically equivalent to one share of Omega Flex common stock, increasing his directly held phantom stock balance to 2,461 units after the transaction.

What is the phantom stock granted to the Omega Flex (OFLX) CEO?

The CEO received 2,461 units of phantom stock, each equal in economic value to one Omega Flex common share. Phantom stock typically tracks the value of the underlying shares, providing cash or share-based compensation without issuing actual stock at the grant date.

Were there changes to the vesting or expiration of the Omega Flex (OFLX) phantom stock award?

Yes. The award’s date exercisable was amended from 02/18/2026 to 02/18/2030. The expiration date was also changed from 02/18/2026 to 02/18/2030, extending the period during which the CEO can benefit from this phantom stock grant under the revised terms.

Did the Omega Flex (OFLX) CEO pay cash for the phantom stock units?

No cash was paid for the grant; the transaction price per phantom stock unit was reported as $0.0000. This indicates the 2,461 units were issued as a compensation award rather than purchased in an open-market or privately negotiated cash transaction.

How many phantom stock units does the Omega Flex (OFLX) CEO hold after the grant?

Following this transaction, the CEO directly holds 2,461 phantom stock units. This total matches the number of units granted in the filing, indicating the award established his current phantom stock position at that level as of the reported transaction date.

What does each Omega Flex (OFLX) phantom stock unit represent economically?

Each phantom stock unit is described as the economic equivalent of one share of Omega Flex common stock. This means the unit’s value is tied to the company’s common stock, providing compensation exposure similar to share ownership without issuing actual shares at grant.