Sono-Tek (SOTK) awards director 5,396 options at $5.35
Rhea-AI Filing Summary
SONO TEK CORP (SOTK) reported that director Lawal Adeniyi received a grant of 5,396 Sono-Tek options on 2026-08-20. The options have an exercise price of $5.35 per share, become exercisable on 2027-08-20, and expire on 2036-08-20. Following this award, Adeniyi holds 15,347 options to acquire Sono-Tek Corp common stock, all reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lawal Adeniyi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Sono-Tek Options | 5,396 | $5.35 | $29K |
Holdings After Transaction:
Sono-Tek Options — 15,347 shares (Direct)
Key Figures
Options granted: 5,396 options
Exercise price: $5.35 per share
Options underlying shares: 5,396 shares
+3 more
6 metrics
Options granted
5,396 options
Sono-Tek options granted to Lawal Adeniyi on 2026-08-20
Exercise price
$5.35 per share
Exercise price for the options granted on 2026-08-20
Options underlying shares
5,396 shares
Underlying Sono-Tek Corp common stock per the new option grant
Total options after transaction
15,347 options
Total Sono-Tek options held by Lawal Adeniyi following the grant
Exercise date
2027-08-20
Date when the granted options become exercisable
Expiration date
2036-08-20
Expiration date of the granted options
Key Terms
Sono-Tek Options, exercise price, expiration date, derivative securities
4 terms
Sono-Tek Options financial
"security_title: "Sono-Tek Options""
exercise price financial
"conversion_or_exercise_price": "5.3500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-08-20""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
derivative securities financial
"transaction_type": "derivative""
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did SONO TEK CORP (SOTK) report for Lawal Adeniyi?
SONO TEK CORP reported that director Lawal Adeniyi received a grant of 5,396 options on 2026-08-20, each for Sono-Tek Corp common stock. This is reported as an acquisition of derivative securities, not an open-market purchase.
What is the exercise price of the new options granted to Lawal Adeniyi at SOTK?
The options granted to Lawal Adeniyi have an exercise price of $5.35 per share. Each option is exercisable into one share of Sono-Tek Corp common stock at this price, as reported in the Form 4.
When do Lawal Adeniyi’s new Sono-Tek options vest and expire?
The options granted to Lawal Adeniyi become exercisable on 2027-08-20 and have an expiration date of 2036-08-20. After expiration, any unexercised options would no longer be exercisable.
How many Sono-Tek options does Lawal Adeniyi hold after this Form 4 transaction?
After the reported grant, Lawal Adeniyi holds a total of 15,347 options to acquire Sono-Tek Corp common stock. These holdings are reported as directly owned derivative securities.
Was Lawal Adeniyi’s Sono-Tek option grant under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a Rule 10b5-1 trading plan. The grant is reported simply as a grant, award, or other acquisition of options.
AI-generated analysis. How Rhea-AI works. Not financial advice.