Taylor Devices (TAYD) CEO granted 7,000 stock options at $56.43
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAYLOR DEVICES, INC. Chief Executive Officer Timothy John Sopko received a grant of stock options covering 7,000 shares of Common Stock as compensation. The options have an exercise price of $56.43 per share and expire on April 18, 2036. Following this grant, he holds 7,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sopko Timothy John
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,000 shares (Direct, null)
Footnotes (1)
Key Figures
Options granted: 7,000 options
Exercise price: $56.43 per share
Expiration date: April 18, 2036
+3 more
6 metrics
Options granted
7,000 options
Stock Option (Right to Buy) grant to CEO on April 18, 2026
Exercise price
$56.43 per share
Conversion or exercise price of granted stock options
Expiration date
April 18, 2036
Expiration of CEO stock option grant
Underlying shares
7,000 shares
Common Stock underlying the stock options granted
Holdings after grant
7,000 options
Total derivative securities held directly after transaction
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, Exercise price, Expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy) granted to CEO"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Exercise price financial
"conversion_or_exercise_price of the option is 56.4300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Expiration date financial
"expiration_date: 2036-04-18T00:00:00.000Z for the options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: Common Stock underlying the options"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did TAYD CEO Timothy Sopko report?
Timothy John Sopko reported receiving a grant of 7,000 stock options. These options give him the right to buy Taylor Devices common shares at a set price in the future as part of his compensation package.
What is the exercise price of the Taylor Devices (TAYD) CEO’s new options?
The granted stock options have an exercise price of $56.43 per share. This means Sopko can purchase Taylor Devices common stock at $56.43, regardless of future market price, if he exercises the options before expiration.
When do the new TAYD stock options granted to the CEO expire?
The 7,000 stock options granted to Timothy John Sopko expire on April 18, 2036. He must exercise the options on or before that date to buy Taylor Devices common shares at the fixed $56.43 exercise price.
How many Taylor Devices derivative securities does the CEO hold after this Form 4?
After this transaction, Sopko holds 7,000 stock options directly. Each option is a right to buy one share of Taylor Devices common stock at $56.43 per share until the April 18, 2036 expiration date.
Was the TAYD CEO’s Form 4 transaction a market purchase or sale?
The Form 4 shows a grant or award acquisition of stock options, not an open-market trade. Code A indicates options were granted as compensation, so there was no reported market purchase or sale of Taylor Devices common stock.