Taylor Devices (NASDAQ: TAYD) director exercises 5,000 options, holds 43,426 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAYLOR DEVICES, INC. director John Burgess exercised stock options to acquire 5,000 shares of common stock at an exercise price of $16.40 per share on April 13, 2026. As part of the same event, 1,574 shares of common stock were withheld to satisfy the exercise price or related tax liability, which is a non-market, tax-withholding disposition rather than an open-market sale. Following these transactions, Burgess directly owns 43,426 shares of Taylor Devices common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Mixed
3 txns
Insider
Burgess John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $16.40 | $82K |
| Tax Withholding | Common Stock | 1,574 | $52.107 | $82K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 45,000 shares (Direct)
Footnotes (1)
Key Figures
Options Exercised: 5,000 shares
Exercise Price: $16.40 per share
Tax-Withholding Shares: 1,574 shares
+2 more
5 metrics
Options Exercised
5,000 shares
Stock options exercised on April 13, 2026
Exercise Price
$16.40 per share
Stock option exercise price for 5,000 shares
Tax-Withholding Shares
1,574 shares
Shares delivered to satisfy exercise price or tax liability
Tax-Withholding Reference Price
$52.107 per share
Price used for 1,574-share tax-withholding disposition
Post-Transaction Holdings
43,426 shares
Common stock directly owned after April 13, 2026 transactions
Key Terms
Stock Option (Right to Buy), Exercise or conversion of derivative security, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
4 terms
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What did Taylor Devices (TAYD) director John Burgess report in this Form 4?
John Burgess reported exercising stock options for 5,000 shares of Taylor Devices common stock at $16.40 per share. In the same event, some shares were withheld to cover obligations, and his direct holdings increased to 43,426 shares after the transactions.
How many Taylor Devices (TAYD) options did John Burgess exercise and at what price?
He exercised stock options covering 5,000 shares of Taylor Devices common stock at an exercise price of $16.40 per share. This converted his derivative position into directly held common shares as of April 13, 2026, according to the Form 4 disclosure.
What are John Burgess’s Taylor Devices (TAYD) holdings after these transactions?
After exercising options and the related tax-withholding share disposition, John Burgess directly holds 43,426 shares of Taylor Devices common stock. This figure reflects his position immediately following the April 13, 2026 transactions reported in the Form 4.
What does the tax-withholding disposition mean in the Taylor Devices (TAYD) Form 4?
The Form 4 shows 1,574 Taylor Devices shares disposed of at $52.107 per share as a tax-withholding transaction. This means shares were delivered to cover the exercise price or tax liability, rather than being sold in an open-market trade initiated for investment reasons.