Omega Flex president exercises and disposes 494 shares
Omega Flex, Inc. President and director Edwin B. Moran reported several transactions involving 494 units of phantom stock and 494 shares of common stock on February 22, 2026.
Rhea-AI Filing Summary
Omega Flex, Inc. President and director Edwin B. Moran reported several transactions involving 494 units of phantom stock and 494 shares of common stock on February 22, 2026. He exercised 494 units of phantom stock, each economically equivalent to one share and settled for cash on a one-for-one basis, into 494 shares of common stock at $0.00 per share. Those 494 common shares were then disposed of back to the issuer at $37.55 per share, leaving no directly held shares from this block. Separately, an equivalent of 405 common shares is reported as held indirectly through the company’s 401(k) plan based on a December 31, 2025 statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 494 | $0.00 | $0.00 |
| Exercise | Common Stock | 494 | $0.00 | $0.00 |
| Disposition | Common Stock | 494 | $37.55 | $19K |
| 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 Edwin B. Moran?
What is the phantom stock referenced in the Omega Flex (OFLX) Form 4?
How is the Omega Flex (OFLX) 401(k) plan position reported in the Form 4?
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