RSSS Director McPeak Now Holds 409K Shares After Major Option Exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Research Solutions (RSSS) director Merrill A. McPeak exercised stock options and acquired shares on June 18, 2025. Key transaction details:
- Exercised 75,000 stock options at a strike price of $1.10 per share
- Following the transaction, McPeak directly owns 409,608 shares
- The exercised options were set to expire on June 29, 2025
- The options were originally granted on June 30, 2015 with a 10-year term
This Form 4 filing represents a standard options exercise by an insider before expiration. The transaction timing appears to be driven by the approaching expiration date rather than any specific market outlook. The exercise increases McPeak's direct equity stake in the company, potentially indicating confidence in the company's long-term prospects.
Positive
- None.
Negative
- None.
Insider Trade Summary
75,000 shares exercised/converted
Mixed
2 txns
Insider
MCPEAK MERRILL A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to purchase common stock | 75,000 | $0.00 | -- |
| Exercise | Common Stock | 75,000 | $1.10 | $83K |
Holdings After Transaction:
Option to purchase common stock — 0 shares (Direct);
Common Stock — 409,608 shares (Direct)
Footnotes (1)
FAQ
What insider transaction occurred at RSSS on June 18, 2025?
Director Merrill A. McPeak exercised 75,000 stock options at a price of $1.10 per share, converting them to common stock. Following this transaction, McPeak owned 409,608 shares of RSSS common stock directly.
What was the exercise price of RSSS stock options exercised by Director McPeak?
The stock options were exercised at a price of $1.10 per share. These options were set to expire on June 29, 2025, and had been exercisable since June 30, 2015.