Omega Flex CEO granted 2,461 phantom stock units
Omega Flex, Inc. reported that Chief Executive Officer and director Dean W. Rivest acquired a grant of 2,461 units of phantom stock on February 18, 2026.
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Rhea-AI Filing Summary
Omega Flex, Inc. reported that Chief Executive Officer and director Dean W. Rivest acquired a grant of 2,461 units of phantom stock on February 18, 2026. The award was recorded at a price of $0.00 per unit, indicating it was a compensation grant rather than an open-market purchase.
Each unit of phantom stock is the economic equivalent of one share of Omega Flex common stock, giving the CEO value tied to the company’s share performance without issuing actual shares at this time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 2,461 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each unit of phantom stock is the economic equivalent of one share of the Issuer's common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Omega Flex (OFLX) disclose for Dean W. Rivest?
How many phantom stock units did the Omega Flex (OFLX) CEO receive?
What is phantom stock in the Omega Flex (OFLX) Form 4 filing?
Was cash paid for the Omega Flex (OFLX) phantom stock grant to the CEO?
How is ownership of the Omega Flex (OFLX) phantom stock reported for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.