Omega Flex CEO exercises phantom stock, disposes shares
Omega Flex, Inc. chief executive officer Dean W. Rivest reported several transactions involving company-related equity on February 22, 2026.
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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 593 | $0.00 | $0.00 |
| Exercise | Common Stock | 593 | $0.00 | $0.00 |
| Disposition | Common Stock | 593 | $37.55 | $22K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Equivalent share balance held in company stock fund in Issuer's 401(k) plan, based on statement of 12/31/2025
FAQ
What insider transactions did Omega Flex (OFLX) report for Dean W. Rivest?
What is the Phantom Stock transaction reported for Omega Flex (OFLX)?
What are Dean W. Rivest’s direct Omega Flex (OFLX) holdings after these transactions?
What indirect Omega Flex (OFLX) holdings are reported for Dean W. Rivest?
What role does Dean W. Rivest hold at Omega Flex (OFLX) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.