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Omega Flex (OFLX) CEO exercises phantom stock, disposes 593 shares to issuer

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

Rhea-AI Filing Summary

Omega Flex, Inc. chief executive officer Dean W. Rivest reported several transactions involving company-related equity on February 22, 2026. He exercised 593 units of Phantom Stock, which are economically equivalent to common shares and are settled for cash on a one-for-one basis, into 593 shares of common stock at $0.00 per share. He then disposed of 593 common shares back to the issuer at $37.55 per share in a transaction coded as a disposition to the issuer. Separately, an equivalent of 2,487 common shares is held indirectly in the company stock fund within the issuer's 401(k) plan, based on a statement as of December 31, 2025.

Positive

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Negative

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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)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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
Common Stock 02/22/2026 M 593 A (1) 593 D
Common Stock 02/22/2026 D 593 D $37.55 0 D
Common Stock 2,487(2) I 401(k) plan
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) 02/22/2026 M 593 02/22/2026 02/22/2026 Common Stock 593 (1) 0 D
Explanation of Responses:
1. Each unit of phantom stock is the economic equivalent of one share of the Issuer's common stock. These units are settled for cash on a one-for-one basis.
2. Equivalent share balance held in company stock fund in Issuer's 401(k) plan, based on statement of 12/31/2025
Susan B. Asch, Attorney-in-fact 02/23/2026
** 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 transactions did Omega Flex (OFLX) report for Dean W. Rivest?

Dean W. Rivest exercised 593 units of Phantom Stock into 593 shares of Omega Flex common stock at $0.00 per share, then disposed of 593 common shares back to the issuer at $37.55 per share on February 22, 2026.

What is the Phantom Stock transaction reported for Omega Flex (OFLX)?

The filing shows 593 units of Phantom Stock exercised on February 22, 2026. Each unit is economically equivalent to one share of Omega Flex common stock and is settled for cash on a one-for-one basis, resulting in 593 common shares at $0.00 per share.

How many Omega Flex (OFLX) shares did Dean W. Rivest dispose of to the issuer?

Dean W. Rivest disposed of 593 shares of Omega Flex common stock to the issuer at a price of $37.55 per share. This transaction is coded as a disposition to the issuer rather than an open-market sale.

What are Dean W. Rivest’s direct Omega Flex (OFLX) holdings after these transactions?

After exercising 593 Phantom Stock units into common stock and then disposing of 593 common shares to the issuer, Dean W. Rivest reported zero directly held common shares from these specific transactions, based on the totals following the disposition.

What indirect Omega Flex (OFLX) holdings are reported for Dean W. Rivest?

The filing reports an indirect holding equivalent to 2,487 Omega Flex common shares in the company stock fund of the issuer's 401(k) plan, based on a plan statement dated December 31, 2025. This reflects retirement-plan exposure rather than directly held shares.

What role does Dean W. Rivest hold at Omega Flex (OFLX) in this Form 4 filing?

Dean W. Rivest is identified as both a director and an officer of Omega Flex, serving as Chief Executive Officer. The Form 4 reports his transactions in Phantom Stock units and common shares in his capacity as a reporting person under insider ownership rules.
Omega Flex

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369.05M
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Specialty Industrial Machinery
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
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United States
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