TAT Technologies (NASDAQ: TATT) VP holds 24,000 stock options
Rhea-AI Filing Summary
TAT Technologies Ltd vice president of OEM sales Lars Hesbjerg filed an initial ownership report showing stock options, but no current share holdings. He holds stock options over 24,000 ordinary shares at an exercise price of $14.1600 per share, expiring on March 5, 2031. A prior grant of 30,000 options was made on March 6, 2024, with 6,000 already vested, exercised, and the underlying shares sold earlier. The remaining 24,000 options vest in 1,875-share quarterly installments from March 6, 2026 through March 6, 2029, subject to his continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
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FAQ
What insider position does Lars Hesbjerg report at TAT Technologies (TATT)?
He reports serving as Vice President OEM Sales at TAT Technologies. In this filing he is not listed as a director or statutory officer, but as a senior executive with option-based equity compensation linked to the company’s ordinary shares.
How many TAT Technologies (TATT) stock options does Lars Hesbjerg currently hold?
He holds stock options over 24,000 ordinary shares. These options carry an exercise price of $14.1600 per share and expire on March 5, 2031, representing his current remaining option position after prior exercises and sales.
What are the vesting terms for Lars Hesbjerg’s TAT Technologies (TATT) stock options?
The remaining 24,000 options vest in 1,875-share installments every three months from March 6, 2026 through March 6, 2029, conditioned on his continued employment with TAT Technologies at each vesting date.
What prior activity is disclosed for Lars Hesbjerg’s TAT Technologies (TATT) options grant?
The footnote states that 30,000 stock options were granted on March 6, 2024. Of these, 6,000 options had already vested, been exercised, and the underlying shares were sold before this ownership report.