Omega Flex (OFLX) president Edwin Moran granted 2,051 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moran Edwin B. reported acquisition or exercise transactions in this Form 4 filing.
Omega Flex, Inc. reported that President and director Edwin B. Moran received a grant of 2,051 units of phantom stock on February 18, 2026. The award was made at a price of $0.00 per unit as a form of compensation. Each unit of phantom stock is the economic equivalent of one share of Omega Flex common stock, giving Moran 2,051 phantom stock units following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moran Edwin B.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 2,051 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 2,051 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Omega Flex (OFLX) report for Edwin B. Moran?
Omega Flex reported that President and director Edwin B. Moran acquired 2,051 units of phantom stock on February 18, 2026. The transaction was coded as a grant or award and was recorded at a price of $0.00 per unit.
What is the size of the phantom stock grant to Edwin B. Moran at Omega Flex (OFLX)?
Edwin B. Moran received a grant of 2,051 phantom stock units from Omega Flex. After this award, his holdings in this derivative security total 2,051 units, reflecting the full size of the reported compensation-related grant.
How does Omega Flex (OFLX) define each phantom stock unit in this Form 4?
Each phantom stock unit is described as the economic equivalent of one share of Omega Flex common stock. This means the value of each unit tracks one common share, although phantom stock typically does not convey actual share ownership or voting rights.
Was the Omega Flex (OFLX) phantom stock grant to Edwin B. Moran a market purchase?
No, the transaction was not a market purchase. It was reported with code “A,” indicating a grant, award, or other acquisition, and the per-unit price was listed as $0.00, consistent with a compensation-based award rather than an open-market buy.
What is Edwin B. Moran’s phantom stock position in Omega Flex (OFLX) after this transaction?
Following the reported grant, Edwin B. Moran holds 2,051 phantom stock units. The filing shows this as his total position in this derivative security after the award, with all units held directly according to the ownership coding.