Surge Components (SPRS) CEO granted 19,130 options at $3.45 strike price

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SURGE COMPONENTS INC CEO, CFO & President Ira Levy received a grant of 19,130 stock options on Common Stock as compensation. The options have an exercise price of $3.45 per share and expire on March 20, 2031. Following this grant, he holds 69,130 stock options directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LEVY IRA

Role CEO, CFO & President

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	19,130	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 69,130 shares (Direct)

Footnotes (1)

Key Figures

Options granted: 19,130 options Exercise price: $3.45 per share Total options after grant: 69,130 options +1 more

4 metrics

Options granted 19,130 options Stock Option (Right to Buy) grant on March 20, 2026

Exercise price $3.45 per share Conversion or exercise price for newly granted options

Total options after grant 69,130 options Total derivative securities beneficially owned following transaction

Expiration date March 20, 2031 Expiration of the 19,130 newly granted stock options

Key Terms

Stock Option (Right to Buy), grant/award acquisition, derivative securities

3 terms

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

derivative securities financial

"derivativeTransactionCount for all derivative-type records"

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.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 03:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEVY IRA

(Last)

(First)

(Middle)

C/O SURGE COMPONENTS, INC.

95 EAST JEFRYN BOULEVARD

(Street)

DEER PARK

NEW YORK

11729

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SURGE COMPONENTS INC [ SPRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, CFO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$3.45	03/20/2026		A		19,130		03/20/2026	03/20/2031	Common Stock	19,130	$0	69,130	D

Explanation of Responses:

	/s/ Ira Levy	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did SPRS CEO Ira Levy report in this Form 4 filing?

Ira Levy reported receiving a grant of 19,130 stock options. These derivative securities give him the right to buy Common Stock at a fixed exercise price, reflecting routine equity-based compensation for his executive role at Surge Components Inc.

What is the exercise price of Ira Levy’s new SPRS stock options?

The newly granted 19,130 stock options have an exercise price of $3.45 per share. This means he can buy Surge Components Inc Common Stock at $3.45 regardless of future market price before the options expire.

When do Ira Levy’s newly granted SPRS stock options expire?

The 19,130 stock options granted to Ira Levy expire on March 20, 2031. He may choose to exercise these options any time before that expiration date, subject to any applicable vesting or company plan conditions not detailed here.

How many SPRS stock options does Ira Levy hold after this grant?

After the reported grant, Ira Levy directly holds 69,130 stock options. This total reflects his updated derivative position in Surge Components Inc, as disclosed in the Form 4, and indicates his continuing equity-linked exposure to the company.

Is Ira Levy’s Form 4 transaction a stock purchase or a grant for SPRS?

The Form 4 reports a grant or award acquisition of stock options, not an open-market purchase. The transaction code “A” and description show this is compensation-related, providing options to buy shares at a future date at $3.45 per share.