[Form 4] Servotronics, Inc. Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wax Evan H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tender Offer | Common Stock | 22,793 | $0.00 | $0.00 |
| Disposition | Common Stock | 536 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 18, 2025, by and among Servotronics, Inc., TransDigm Inc. and TDG Rise Merger Sub, Inc., as amended by Amendment No. 1 thereto dated May 28, 2025 (as amended, the "Merger Agreement"), the reported securities were tendered prior to the Expiration Date (as defined in the Merger Agreement) and disposed of at the Acceptance Time (as defined in the Merger Agreement) in exchange for $47.00 per share, payable in cash at closing, without interest and subject to reduction for any applicable withholding of taxes (the "Offer Consideration").
- F2. Pursuant to the Merger Agreement, each share of the Issuer's Common Stock not previously tendered by the Reporting Person was cancelled and converted into the right to receive an amount in cash equal to the Offer Consideration. The reported securities consists of shares of restricted stock that were previously awarded to the Reporting Person that vested on July 1, 2025 upon a Change in Control (as defined in the Servotronics, Inc. 2022 Equity Incentive Plan).
AI-generated analysis. How Rhea-AI works. Not financial advice.