Park Aerospace director exercises options for 3,500 shares
Park Aerospace director Steven T. Warshaw reported exercising stock options to acquire 3,500 shares of Common Stock at an exercise price of $11.06 per share.
Rhea-AI Filing Summary
Park Aerospace director Steven T. Warshaw reported exercising stock options to acquire 3,500 shares of Common Stock at an exercise price of $11.06 per share. Following this transaction, he directly holds 17,250 Common shares. He also continues to hold several “Right to buy option” awards for 3,500 underlying shares each with exercise prices between $11.58 and $14.44 and expirations from 2029 through 2035, which vest in 25% annual installments from their respective commencement dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,500 shares exercised/converted
Exercise
8 txns
Insider
WARSHAW STEVEN T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Right to buy option | 3,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,500 | $11.06 | $39K |
| holding | Right to buy option | -- | -- | -- |
| holding | Right to buy option | -- | -- | -- |
| holding | Right to buy option | -- | -- | -- |
| holding | Right to buy option | -- | -- | -- |
| holding | Right to buy option | -- | -- | -- |
| holding | Right to buy option | -- | -- | -- |
Holdings After Transaction:
Right to buy option — 21,000 contracts (Direct);
Common Stock — 17,250 shares (Direct)
Footnotes (1)
- F1. Option is exercisable, commencing on the date indicated, as to 25% of the aggregate number of shares listed as to an additional 25% of such shares on each of the succeeding three anniversaries of such date.
Key Figures
Options exercised: 3,500 shares
Exercise price: $11.06/share
Shares held after exercise: 17,250 shares
+3 more
6 metrics
Options exercised
3,500 shares
Right to buy option converted into Common Stock
Exercise price
$11.06/share
Conversion of derivative option into Common Stock
Shares held after exercise
17,250 shares
Total direct Common Stock ownership post-transaction
Remaining option block 1
3,500 underlying shares at $14.00
Right to buy option expiring 2035-06-16
Remaining option block 2
3,500 underlying shares at $13.26
Right to buy option expiring 2034-06-18
Remaining option block 3
3,500 underlying shares at $11.58
Right to buy option expiring 2030-04-09
Key Terms
Right to buy option, Exercise or conversion of derivative security, underlying security, derivative, +1 more
5 terms
Right to buy option financial
"security_title": "Right to buy option""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
underlying security financial
"underlying_security_title": "Common Stock""
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Steven T. Warshaw report at Park Aerospace (PKE)?
Steven T. Warshaw reported exercising stock options to acquire 3,500 Park Aerospace Common shares at an exercise price of $11.06 per share. This Form 4 filing reflects the conversion of a derivative “Right to buy option” award into directly held Common Stock.
What was the exercise price of the options exercised by Steven T. Warshaw at Park Aerospace (PKE)?
The options exercised by Steven T. Warshaw had an exercise price of $11.06 per share. Exercising this “Right to buy option” converted 3,500 derivative units into 3,500 shares of Park Aerospace Common Stock, with no reported same-day sale in this filing.
What option grants does Steven T. Warshaw still hold in Park Aerospace (PKE)?
Steven T. Warshaw still holds several “Right to buy option” grants, each covering 3,500 underlying Park Aerospace Common shares. These remaining options have exercise prices from $11.58 to $14.44 and expiration dates between 2029 and 2035, according to the derivative position summary provided.
How do Steven T. Warshaw’s Park Aerospace (PKE) options vest according to the Form 4 footnote?
Each option grant vests 25% on the stated commencement date and an additional 25% on each of the next three anniversaries. This means full vesting over four years for the aggregate shares listed under each “Right to buy option” award in the filing’s footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
