Park Aerospace Corp (PKE) CFO awarded options on 25,000 shares at $37.47 strike
Rhea-AI Filing Summary
PARK AEROSPACE CORP reported that Senior Vice President and Chief Financial Officer Constantine Petropoulos received a grant of stock options covering 25,000 shares of common stock on 2026-08-12. The options have an exercise price of $37.47 per share and expire on 2036-08-12. According to the footnote, this option becomes exercisable as to 25% of the shares on the stated exercise commencement date of 2027-08-12 and as to an additional 25% on each of the next three anniversaries. The filing also lists an existing direct option position with an exercise price of $14.00 per share, expiring on 2035-06-16, relating to 7,500 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Petropoulos Constantine
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Right to buy option F1 | 25,000 | $0.00 | $0.00 |
| holding | Right to buy option F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Right to buy option — 32,500 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. Option is exercisable, commencing on the date indicated, as to 25% of the aggregate number of shares listed and as to an additional 25% of such shares on each of the succeeding three anniversaries of such date.
Key Figures
New options granted: 25,000 shares
Exercise price of new grant: $37.47 per share
Expiration of new grant: 2036-08-12
+4 more
7 metrics
New options granted
25,000 shares
Right to buy option on common stock granted 2026-08-12
Exercise price of new grant
$37.47 per share
Right to buy option exercisable starting 2027-08-12
Expiration of new grant
2036-08-12
Expiry date of 25,000-share option grant
Existing option exercise price
$14.00 per share
Previously reported option on common stock
Existing option underlying shares
7,500 shares
Underlying common stock for existing option position
Existing option expiration
2035-06-16
Expiry date of existing $14.00 option
Vesting pattern
25% per year over 4 years
Option exercisable commencing 2027-08-12 and on three anniversaries
Key Terms
Right to buy option, exercise price, underlying security, expiration date, +1 more
5 terms
Right to buy option financial
"The security title is listed as "Right to buy option""
exercise price financial
"Conversion or exercise price is shown as 37.4700 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"The underlying security title is reported as Common Stock"
expiration date financial
"The option has an expiration date of 2036-08-12"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
exercisable financial
"Option is exercisable as to 25% of the aggregate number of shares"
FAQ
What did PARK AEROSPACE CORP (PKE) disclose about Constantine Petropoulos in this Form 4?
The filing shows Constantine Petropoulos, Senior Vice President and CFO, received a grant of options for 25,000 shares of common stock. These options were awarded on 2026-08-12 as equity-based compensation, with specified exercise price, vesting schedule, and expiration date.
How many stock options were granted to the PARK AEROSPACE (PKE) CFO and at what price?
The CFO was granted options covering 25,000 shares of PARK AEROSPACE CORP common stock at an exercise price of $37.47 per share. These options provide the right to buy shares at that fixed price if and when they become exercisable under the vesting schedule.
What is the vesting schedule of the new PARK AEROSPACE (PKE) CFO option grant?
The option is exercisable as to 25% of the 25,000 shares on the exercise commencement date of 2027-08-12, and as to an additional 25% on each of the succeeding three anniversaries. This structure spreads exercisability over four years.
When do the new PARK AEROSPACE (PKE) CFO options expire?
The newly granted options for 25,000 shares of PARK AEROSPACE CORP common stock expire on 2036-08-12. After that expiration date, any unexercised portion of the grant can no longer be used to purchase shares at the stated exercise price.
What existing stock option holdings for the PARK AEROSPACE (PKE) CFO are reported?
The filing lists a previously reported direct option position with an exercise price of $14.00 per share, expiring on 2035-06-16, tied to 7,500 underlying common shares. This entry reflects an existing option holding rather than a new transaction.
Is the PARK AEROSPACE (PKE) CFO’s 2026 option grant under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as applying to these transactions. There is no footnote stating the grant was made pursuant to a pre-arranged trading plan, so it is reported as a standard equity award.
AI-generated analysis. How Rhea-AI works. Not financial advice.