Park Aerospace (PKE) COO Esquivel exercises 40K options and sells 40K shares at $37
Rhea-AI Filing Summary
PARK AEROSPACE CORP President & COO Mark A. Esquivel exercised stock options for 40,000 common shares on 2026-08-13, with strike prices of $12.80, $11.06, and $13.08 per share. The resulting 40,000 shares were sold at a weighted average price of $37.00, with individual trades between $36.80 and $37.625 per share in a same-day-sale exercise. Esquivel continues to hold unexercised options over 25,000 shares at $13.26 and 27,500 shares at $14.00, expiring in 2034 and 2035, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Esquivel Mark A
Role
President & COO
Sold
40,000 shs ($1.48M)
Approx. gross sale proceeds
$1.48M
Approx. exercise cost
$481K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Right to buy option F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Right to buy option F2 | 20,000 | $0.00 | $0.00 |
| Exercise | Right to buy option F2 | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,000 | $12.80 | $64K |
| Exercise | Common Stock F1 | 20,000 | $11.06 | $221K |
| Exercise | Common Stock F1 | 15,000 | $13.08 | $196K |
| Sale | Common Stock F1 | 40,000 | $37.00 | $1.48M |
| holding | Right to buy option F2 | -- | -- | -- |
| holding | Right to buy option F2 | -- | -- | -- |
Holdings After Transaction:
Right to buy option — 57,500 shares (Direct);
Common Stock — 15,000 shares (Direct)
Footnotes (2)
- F1. Sales were sold as part of same-day-sale exercise. The reported sales price is based on a weighted average of multiple same-day transactions with prices ranging from $36.80 to $37.625 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
- F2. Option is exercisable, commenting on the date indicated, as to 25% of such shares on each of the succeeding three anniversaries of such date.
Key Figures
Options exercised: 40,000 shares
Sale shares: 40,000 shares
Weighted average sale price: $37.00 per share
+3 more
6 metrics
Options exercised
40,000 shares
Total underlying common shares from three option exercises on 2026-08-13
Sale shares
40,000 shares
Common stock sold on 2026-08-13 following option exercises
Weighted average sale price
$37.00 per share
Weighted average price for 40,000 shares sold, trades from $36.80 to $37.625
Option strike prices
$12.80, $11.06, $13.08
Exercise prices for 5,000, 20,000 and 15,000 option shares exercised
Remaining options 2034
25,000 shares at $13.26
Unexercised options expiring 2034-06-18
Remaining options 2035
27,500 shares at $14.00
Unexercised options expiring 2035-06-16
Key Terms
same-day-sale exercise, weighted average, Right to buy option, underlying security, +1 more
5 terms
same-day-sale exercise financial
"Sales were sold as part of same-day-sale exercise."
weighted average financial
"The reported sales price is based on a weighted average of multiple same-day transactions"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Right to buy option financial
"security_title": "Right to buy option""
underlying security financial
"underlying_security_title": "Common Shares""
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What did PARK AEROSPACE (PKE) insider Mark A. Esquivel report on this Form 4?
Mark A. Esquivel exercised options for 40,000 PARK AEROSPACE shares and sold 40,000 shares on 2026-08-13. The transactions reflect a same-day-sale exercise with specified strike and sale prices disclosed in the filing.
How many PARK AEROSPACE (PKE) options did Mark A. Esquivel exercise and at what strike prices?
Esquivel exercised options covering 40,000 shares: 5,000 at $12.80, 20,000 at $11.06, and 15,000 at $13.08. These derivative exercises converted the options into common shares on 2026-08-13.
Does Mark A. Esquivel still hold PARK AEROSPACE (PKE) options after these transactions?
Yes. He retains unexercised options over 25,000 shares at $13.26 and 27,500 shares at $14.00. These options are exercisable over time and expire in 2034 and 2035, respectively.
Were the PARK AEROSPACE (PKE) sales by Mark A. Esquivel part of a same-day exercise and sale?
Yes. Footnote disclosure states the 40,000 shares sold were part of a same-day-sale exercise. The sales price reflects a weighted average of multiple trades, with detailed price breakdowns available upon request.
What is the role of Mark A. Esquivel at PARK AEROSPACE (PKE) mentioned in this Form 4?
Mark A. Esquivel is identified as President & Chief Operating Officer of PARK AEROSPACE CORP. The Form 4 reports his option exercises and related common stock sales as a company officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
