Omega Flex CEO granted 2,461 phantom stock units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 2,461 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each unit of phantom stock is the economic equivalent of one share of the Issuer's common stock.
- F2. Amendment to change Date Exercisable from 02/18/2026 to 02/18/2030.
- F3. Amendment to change Expiration Date from 02/18/2026 to 02/18/2030.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Omega Flex (OFLX) report for its CEO?
What is the phantom stock granted to the Omega Flex (OFLX) CEO?
Were there changes to the vesting or expiration of the Omega Flex (OFLX) phantom stock award?
Did the Omega Flex (OFLX) CEO pay cash for the phantom stock units?
How many phantom stock units does the Omega Flex (OFLX) CEO hold after the grant?
What does each Omega Flex (OFLX) phantom stock unit represent economically?
AI-generated analysis. How Rhea-AI works. Not financial advice.