Omega Flex CFO reports mixed Form 4 trades
Omega Flex Vice President and CFO Matthew Francis Unger reported a set of transactions involving phantom stock and common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Omega Flex Vice President and CFO Matthew Francis Unger reported a set of transactions involving phantom stock and common shares. He exercised 395 units of phantom stock, each economically equivalent to one share of common stock and settled on a one-for-one basis. This exercise corresponded to 395 shares of common stock at a stated price of $0.0000 per share. On the same date, he disposed of 395 shares of common stock to the issuer at $37.55 per share, resulting in 0 shares of common stock held directly after these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 395 | $0.00 | $0.00 |
| Exercise | Common Stock | 395 | $0.00 | $0.00 |
| Disposition | Common Stock | 395 | $37.55 | $15K |
Footnotes (1)
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Omega Flex (OFLX) report for Matthew Francis Unger?
What is the nature of the phantom stock reported by Omega Flex (OFLX)?
Were the Omega Flex (OFLX) CFO’s transactions open-market buys or sells?
What transaction prices are reported in the Omega Flex (OFLX) Form 4?
Who is the insider involved in the latest Omega Flex (OFLX) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.