Taylor Devices (TAYD) director exits direct stake with multi-day share sales

Rhea-AI Filing Summary

Taylor Devices, Inc. director F. Eric Armenat reported selling his remaining common shares over two days. On January 22, 2026, he sold 2,800 shares of common stock at a price of $71.773 per share. On January 23, 2026, he executed three additional sales of 528 shares at $72.103 per share, 300 shares at $71.19 per share, and 700 shares at $72.85 per share. Following the final transaction, the Form 4 shows he directly owns 0 shares of Taylor Devices common stock.

Insights

Equity ownership & governance analyst

Taylor Devices director sold his entire directly held common stock position.

The filing shows director F. Eric Armenat executed four open-market sales of Taylor Devices common stock. He sold 2,800 shares at $71.773 per share on January 22, 2026, followed by sales of 528, 300, and 700 shares at prices between $71.19 and $72.85 per share on January 23, 2026. All transactions are coded "S" for sales of non-derivative securities and are reported as directly owned.

After the final sale of 700 shares on January 23, the reported amount of common stock directly owned declines to zero shares. The Form 4 does not list any derivative securities in Table II, and there are no footnotes indicating indirect holdings or disclaimers of beneficial ownership in the provided data. The overall impact on the company depends on how investors interpret a director fully exiting a direct share position, but the filing itself is a standard ownership update.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Armenat Fritz Eric

(Last) (First) (Middle)

90 TAYLOR DR.

(Street)

NORTH TONAWANDA NY 14120

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TAYLOR DEVICES, INC. [ TAYD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		S		2,800	D	$71.773	1,528	D
Common Stock	01/23/2026		S		528	D	$72.103	1,000	D
Common Stock	01/23/2026		S		300	D	$71.19	700	D
Common Stock	01/23/2026		S		700	D	$72.85	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ F. Eric Armenat	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in this Taylor Devices (TAYD) Form 4 filing?

The reporting person is F. Eric Armenat, identified as a director of Taylor Devices, Inc. with no officer or 10% owner status indicated.

How many Taylor Devices (TAYD) shares did the director sell on January 22, 2026?

On January 22, 2026, the director sold 2,800 shares of Taylor Devices common stock at a price of $71.773 per share in a transaction coded "S" for sale.

What Taylor Devices (TAYD) share sales occurred on January 23, 2026?

On January 23, 2026, the director reported three sales: 528 shares at $72.103 per share, 300 shares at $71.19 per share, and 700 shares at $72.85 per share, all coded as sales of common stock.

How many Taylor Devices (TAYD) shares does the director own after these transactions?

After the final reported sale of 700 shares on January 23, 2026, the Form 4 shows the director directly owns 0 shares of Taylor Devices common stock.

Were the Taylor Devices (TAYD) transactions direct or indirect holdings?

All reported positions in this Form 4 are marked as direct ownership (D), and the provided data does not list any nature of indirect beneficial ownership.

Does this Taylor Devices (TAYD) Form 4 report any derivative securities?

No. The section for derivative securities (Table II) in the provided content contains no reported options, warrants, or other derivative positions for the director.