TAT Technologies (TATT) COO exercises options and sells exercised shares
Rhea-AI Filing Summary
TAT Technologies Ltd Chief Operating Officer Jason Lewandowski completed a same-day stock option exercise and sale involving 3,125 Ordinary Shares. He exercised 3,125 fully vested stock options at an exercise price of $6.59 per share and immediately sold all 3,125 shares in an open-market transaction at $39.22 per share. Footnotes state that no shares were retained from this transaction and approximate pre-tax net proceeds were $101,966, reflecting the spread between the sale and exercise prices. Following these transactions, he holds 9,375 unvested options that are scheduled to vest in three installments of 3,125 options on June 1, 2026, September 1, 2026, and December 1, 2026, subject to his continued employment with the company.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 3,125 | $39.22 | $123K |
| Exercise | Ordinary Shares | 3,125 | $6.59 | $21K |
| Sale | Ordinary Shares | 3,125 | $39.22 | $123K |
Footnotes (3)
- F1. Transaction Code 'M' - Exercise of stock options. The reporting person exercised 3,125 fully vested stock options at the exercise (strike) price of $6.59 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.
- F2. Transaction Code 'S' - Open-market sale. Pursuant to a same-day exercise-and-sale transaction, all 3,125 Ordinary Shares acquired upon exercise of the options referenced in footnote 1 were immediately sold at a price of $39.22 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 $101,966 representing the spread between the sale price ($39.22) and the exercise price ($6.59) on 3,125 shares.
- F3. Following these transactions, the reporting person holds 9,375 unvested options which vest in installments of 3,125 on each of June 1, 2026, September 1, 2026, and December 1, 2026, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.
Key Figures
Key Terms
same-day exercise-and-sale transaction financial
stock options financial
unvested options financial
vesting financial
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