Omega Flex VP granted 820 phantom stock units
Omega Flex, Inc. reported that VP, General Counsel and Secretary Susan B. Asch acquired 820 units of phantom stock in a grant classified as a derivative award.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Omega Flex, Inc. reported that VP, General Counsel and Secretary Susan B. Asch acquired 820 units of phantom stock in a grant classified as a derivative award. The units were granted at a price of $0.00 per unit and increased her direct holdings of phantom stock to 820 units.
Each unit of phantom stock is the economic equivalent of one share of Omega Flex common stock, giving her compensation tied to the company’s share value without issuing actual shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 820 | $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) report for Susan B. Asch?
What is phantom stock in the Omega Flex (OFLX) Form 4 filing?
How many phantom stock units does Susan B. Asch hold after this Omega Flex grant?
What role does Susan B. Asch hold at Omega Flex (OFLX)?
Was the Omega Flex phantom stock grant to Susan B. Asch a purchase or an award?
AI-generated analysis. How Rhea-AI works. Not financial advice.