Precision Optics (POCI) CFO acquires 1,257 shares via stock compensation plan
Rhea-AI Filing Summary
Precision Optics Corporation, Inc. reported that Chief Financial Officer Wayne M. Coll acquired 1,257 shares of common stock on June 30, 2026, at $4.972 per share as a grant/award. This stock issuance reflects an Employment Agreement allowing up to $25,000 per year of compensation to be paid in stock instead of cash, priced at the quarterly volume weighted average price. Following this transaction, Coll directly holds 38,064 shares of common stock. The shares dated June 30, 2026 were issued on August 12, 2026 based on payroll withholdings for the relevant quarters.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,257 shares
Net Buy
1 txn
Insider
COLL WAYNE M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,257 | $4.972 | $6K |
Holdings After Transaction:
Common Stock — 38,064 shares (Direct)
Footnotes (1)
- F1. On June 12, 2023, the reporting person entered into an Employment Agreement with the Issuer that permits the Issuer to substitute up to $25,000 per annum in common stock in lieu of cash. The issuer elected this provision effective January 1, 2024. Under the terms of the agreement, the stock is priced at the quarterly volume weighted average price which was $4.972 for the quarter ended June 30, 2026. Share purchases are based on payroll withholdings for the relevant quarters. Shares dated June 30, 2026 were issued on August 12, 2026.
Key Figures
Shares acquired: 1,257 shares
Price per share: $4.972
Shares held after transaction: 38,064 shares
+2 more
5 metrics
Shares acquired
1,257 shares
Common stock grant/award dated June 30, 2026
Price per share
$4.972
Quarterly volume weighted average price for quarter ended June 30, 2026
Shares held after transaction
38,064 shares
Direct holdings of CFO Wayne M. Coll following reported acquisition
Annual stock compensation cap
$25,000 per annum
Maximum compensation substitutable in common stock under Employment Agreement
Share issuance date
August 12, 2026
Issue date for shares dated June 30, 2026
Key Terms
volume weighted average price, Employment Agreement, payroll withholdings
3 terms
volume weighted average price financial
"the stock is priced at the quarterly volume weighted average price which was $4.972"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Employment Agreement financial
"the reporting person entered into an Employment Agreement with the Issuer that permits"
payroll withholdings financial
"Share purchases are based on payroll withholdings for the relevant quarters"
FAQ
What did POCI’s CFO report in this Form 4 transaction?
Precision Optics’ CFO Wayne M. Coll acquired 1,257 common shares on June 30, 2026 as a grant/award. The stock was issued under an Employment Agreement permitting partial compensation in shares instead of cash.
What does the Employment Agreement for POCI’s CFO allow regarding stock compensation?
The Employment Agreement, entered June 12, 2023, permits substituting up to $25,000 per year of compensation in common stock. The stock is priced at the quarterly volume weighted average price, with shares based on payroll withholdings.
Is the reported POCI CFO transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as using a plan. The transaction instead arises from an Employment Agreement that allows a portion of compensation to be paid in stock using quarterly VWAP pricing.
AI-generated analysis. How Rhea-AI works. Not financial advice.