SCI Engineered Materials (SCIA) CFO receives 3,544-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCI Engineered Materials CFO and Vice President Gerald S. Blaskie acquired 3,544 shares of common stock through a grant or award. The shares were valued at $5.25 per share on the transaction date. After this award, he directly owns 49,882 shares of SCI Engineered Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BLASKIE GERALD S
Role
CFO AND VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, without par value | 3,544 | $5.25 | $19K |
Holdings After Transaction:
Common stock, without par value — 49,882 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SCI Engineered Materials (SCIA) report for Gerald S. Blaskie?
SCI Engineered Materials reported that CFO and Vice President Gerald S. Blaskie acquired 3,544 shares of common stock via a grant or award. This award was recorded as a Form 4 insider transaction and reflects additional direct ownership in the company’s shares.
What type of insider transaction is shown in the SCI Engineered Materials (SCIA) Form 4?
The SCI Engineered Materials Form 4 shows a non-derivative acquisition coded as “A,” meaning a grant, award, or other acquisition. It indicates compensation-related stock being granted to the CFO rather than an open-market purchase or sale transaction.
Does the SCI Engineered Materials (SCIA) Form 4 indicate buying or selling by the CFO?
The Form 4 reflects an acquisition through a grant or award, not an open-market buy or sell. The transaction direction is classified as an acquisition, increasing the CFO’s direct share ownership without indicating a discretionary market trade.