Perma-Fix Environmental Svcs SEC Filings

Perma-Fix Environmental Services, Inc. reported board actions affecting its stock plan and bylaws. On November 13, 2025, the board rescinded a 2023 amendment to the 2017 Stock Option Plan that would have increased available shares by 600,000, in order to moot a stockholder putative class action challenging the validity of that vote. The board believes broker non-votes were properly excluded but acted after a Delaware Court of Chancery ruling allowed the case to proceed.

The board simultaneously rescinded the prior share increase proposal, amended the bylaws, and approved a new amendment to the 2017 Stock Option Plan to increase authorized shares by 600,000, which will only take effect if stockholders approve it within 12 months at a special meeting or the 2026 annual meeting. No options were granted under the rescinded proposal. The bylaws were also updated to reflect recent Delaware law changes on fee-shifting and forum selection, designating Delaware courts for specified corporate disputes and U.S. federal courts for Securities Act claims.

Perma-Fix Environmental Services (PESI) filed its Q3 2025 10-Q, reporting modest revenue growth and a narrower loss. Net revenues were $17.454 million, up from $16.812 million a year ago, with stronger Treatment sales ($13.114 million vs. $9.064 million) offset by lower Services ($4.340 million vs. $7.748 million). Gross profit improved to $2.557 million from $1.334 million.

The company reduced its operating loss to $1.872 million from $2.601 million, and net loss to $1.835 million from $8.979 million. For the nine months, revenue reached $45.959 million (vs. $44.415 million), operating loss narrowed to $8.502 million (vs. $12.096 million), and net loss was $8.124 million (vs. $16.490 million).

Cash was $16.412 million and the finite risk sinking fund (restricted cash) was $13.084 million. Year-to-date operating cash use was $8.629 million. The company had no revolver borrowings outstanding and reported long-term debt (including current portion) of $1.888 million. Liquidity was approximately $23.844 million as of September 30, 2025. Unbilled receivables rose to $8.396 million, and deferred revenue was $7.112 million. Common shares outstanding were 18,517,662 as of November 3, 2025.

Perma-Fix Environmental Services (PESI) director Thomas P. Bostick reported an insider purchase on Form 4. On 10/01/2025 he acquired 1,716 shares of common stock at $7.575 per share. After the transaction he beneficially owned 46,514 shares. The filing identifies Bostick as a director and is signed on 10/02/2025.

Joseph Timothy Grumski, a director of Perma-Fix Environmental Services, reported on Form 4 that he purchased 2,228 shares of common stock on 10/01/2025 at a price of $7.575 per share. After the transaction he beneficially owned 62,188 shares. The filing is for issuer Perma-Fix Environmental Services Inc (PESI) and was signed by the reporting person on 10/02/2025. This Form 4 records a straightforward insider open-market acquisition by a company director.

Mark A. Zwecker, a director of Perma-Fix Environmental Services, Inc. (PESI), reported a purchase of company common stock on 10/01/2025. The Form 4 shows he acquired 1,609 shares at a price of $7.575 per share and, after the transaction, beneficially owned 241,194 shares. The filing was signed on 10/02/2025 and indicates the report was filed by one reporting person. No derivative or option transactions are reported on this form.

Zach Paul Wamp, a director of Perma Fix Environmental Services Inc. (PESI), filed a Form 4 reporting a purchase of company stock. The filing shows a transaction dated 10/01/2025 in which Mr. Wamp acquired 1,201 shares of PESI common stock at a price of $7.575 per share, bringing his total beneficial ownership to 50,566 shares. The ownership is reported as direct. No derivative securities are reported on this Form 4. The document is signed by Zach Wamp on 10/02/2025.

Insider filing summary: Director Larry Shelton reported a purchase of 1,931 shares of Perma Fix Environmental Services Inc. (PESI) on 10/01/2025 at a price of $7.575 per share. After the transaction, Mr. Shelton beneficially owns 191,811 shares, reported as direct ownership. The Form 4 was signed on 10/02/2025.

Insider purchase by a director: Perma-Fix Environmental Services director Joe Reeder bought 2,063 shares of common stock on 10/01/2025 at $7.575 per share, increasing his beneficial ownership to 248,408 shares. The Form 4 was signed 10/02/2025 and filed as an individual report. No derivatives or other transactions are reported.

Kerry C. Duggan, a director of Perma Fix Environmental Services, reported on Form 4 that on 10/01/2025 they acquired 1,158 shares of Perma Fix common stock at a price of $7.575 per share, bringing their beneficial ownership to 4,838 shares. The Form 4 was signed 10/02/2025. The filing indicates this transaction was an open-market acquisition by an individual reporting person.