TAT Technologies (TATT) manager exercises options, sells 5,000 shares for about $156K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAT Technologies executive Paul Maness reported a same-day option exercise and sale involving 5,000 Ordinary Shares. He exercised 5,000 fully vested stock options at an exercise price of $14.16 per share and immediately sold all 5,000 shares at $45.41 per share in an open-market transaction.
The filing notes Maness did not retain any shares from this transaction, generating approximate gross proceeds of $156,272 before taxes and commissions. Following these trades, he holds 17,500 unvested stock options that are scheduled to vest in 2,500-share quarterly installments from September 5, 2026 through March 5, 2028, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($227,050)
Net Sell
3 txns
Insider
Maness Paul
Role
null
Sold
5,000 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 5,000 | $45.41 | $227K |
| Exercise | Ordinary Shares | 5,000 | $14.16 | $71K |
| Sale | Ordinary Shares | 5,000 | $45.41 | $227K |
Holdings After Transaction:
Stock Options (right to buy) — 17,500 shares (Direct, null);
Ordinary Shares — 5,000 shares (Direct, null)
Footnotes (1)
- Transaction Code 'M' - Exercise of stock options. The reporting person exercised 5,000 fully vested stock options at the exercise (strike) price of $14.16 per share as part of a same-day exercise-and-sale transaction. The shares were simultaneously sold and were not retained by the reporting person. Transaction Code 'S' - Open-market sale. Pursuant to a same-day exercise-and-sale transaction, all 5,000 Ordinary Shares acquired upon exercise of the options referenced in footnote 1 were immediately sold at a price of $45.41 per share. The reporting person did not retain any shares from this transaction. Net proceeds to the reporting person (before taxes and commissions) were approximately $156,272 representing the spread between the sale price ($45.41) and the exercise price ($14.16) on 5,000 shares. Following these transactions, the reporting person holds 17,500 unvested options which vest in installments of 2,500 quarterly on September 5, 2026 until March 5, 2028, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.
Key Figures
Shares sold: 5,000 shares
Sale price: $45.41 per share
Exercise price: $14.16 per share
+4 more
7 metrics
Shares sold
5,000 shares
Ordinary Shares sold in open-market transaction on 2026-06-17
Sale price
$45.41 per share
Price for 5,000 Ordinary Shares sold
Exercise price
$14.16 per share
Strike price of 5,000 stock options exercised
Approximate gross proceeds
$156,272
Spread between sale and exercise prices on 5,000 shares
Options exercised
5,000 options
Fully vested stock options exercised on 2026-06-17
Unvested options remaining
17,500 options
Unvested options after transactions, vesting through 2028
Quarterly vesting amount
2,500 options
Installments vesting quarterly from Sep 5, 2026 to Mar 5, 2028
Key Terms
same-day exercise-and-sale transaction, stock options, open-market sale, unvested options, +1 more
5 terms
same-day exercise-and-sale transaction financial
"The reporting person exercised 5,000 fully vested stock options ... as part of a same-day exercise-and-sale transaction."
stock options financial
"The reporting person exercised 5,000 fully vested stock options at the exercise (strike) price of $14.16 per share"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
open-market sale financial
"Transaction Code 'S' - Open-market sale."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
unvested options financial
"Following these transactions, the reporting person holds 17,500 unvested options which vest in installments"
exercise (strike) price financial
"at the exercise (strike) price of $14.16 per share as part of a same-day exercise-and-sale transaction"
FAQ
What did TAT Technologies (TATT) executive Paul Maness report in this Form 4?
Paul Maness reported exercising 5,000 stock options and immediately selling 5,000 TAT Technologies Ordinary Shares. The options were exercised at $14.16 per share and sold at $45.41 per share in an open-market transaction, with no shares retained after the sale.
What was the exercise price of the TAT Technologies (TATT) options used by Paul Maness?
The stock options were exercised at an exercise (strike) price of $14.16 per share. The resulting Ordinary Shares were then immediately sold at $45.41 per share, capturing the difference between the strike price and the market sale price on 5,000 shares.
How much were the approximate gross proceeds from Paul Maness’s TAT Technologies (TATT) sale?
Approximate gross proceeds were about $156,272 before taxes and commissions. This figure reflects the spread between the $45.41 sale price and the $14.16 exercise price on 5,000 shares, as described in the Form 4 footnotes.
What TAT Technologies (TATT) equity does Paul Maness still hold after this Form 4 activity?
Following these transactions, he holds 17,500 unvested stock options. These options are scheduled to vest in 2,500-share quarterly installments starting September 5, 2026, continuing through March 5, 2028, subject to his continued employment with TAT Technologies.