Director at Taylor Devices (TAYD) sells 5,000 common shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Taylor Devices, Inc. director Robert Michael Carey reported selling a total of 5,000 shares of Common Stock in open-market transactions. On April 28, 2026, he executed two separate sales at weighted average prices of $57.27 and $55.52 per share.

Footnotes explain that each reported price is a weighted average for multiple trades completed within narrow ranges around those prices, and that detailed price-by-trade information is available upon request. The transactions were reported as direct ownership sales.

Insider Trade Summary

Net Seller: 5,000 shares ($283,629)

Net Sell 2 txns

Insider CAREY ROBERT MICHAEL

Role null

Sold 5,000 shs ($284K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,445	$57.27	$197K
Sale	Common Stock	1,555	$55.52	$86K

Holdings After Transaction: Common Stock — 9,276 shares (Direct, null)

Footnotes (1)

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.00 to $57.30, inclusive. The reporting person undertakes to provide to Taylor Devices, Inc., any security holder of Taylor Devices, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.60, inclusive. The reporting person undertakes to provide to Taylor Devices, Inc., any security holder of Taylor Devices, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

Key Figures

Shares sold total: 5,000 shares First sale block: 3,445 shares at $57.27 Second sale block: 1,555 shares at $55.52 +2 more

5 metrics

Shares sold total 5,000 shares Common Stock open-market sales on April 28, 2026

First sale block 3,445 shares at $57.27 Weighted average price, Common Stock, code S

Second sale block 1,555 shares at $55.52 Weighted average price, Common Stock, code S

Price range block 1 $57.00–$57.30 Multiple transactions within this range for 3,445-share sale

Price range block 2 $55.00–$55.60 Multiple transactions within this range for 1,555-share sale

Key Terms

weighted average price, open-market sale, non-derivative, Common Stock, +1 more

5 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: "open-market sale" for Common Stock"

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.

non-derivative financial

"transaction_type: "non-derivative" for each Common Stock entry"

Common Stock financial

"security_title: "Common Stock" in both transactions"

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.

Form 4 regulatory

"full information regarding the number of shares sold ... to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 09:28 AM

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^*

CAREY ROBERT MICHAEL

(Last)

(First)

(Middle)

90 TAYLOR DRIVE

(Street)

NORTH TONAWANDA

NEW YORK

14120

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026		S		3,445	D	$57.27⁽¹⁾	9,276	D
Common Stock	04/28/2026		S		1,555	D	$55.52⁽²⁾	7,721	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.00 to $57.30, inclusive. The reporting person undertakes to provide to Taylor Devices, Inc., any security holder of Taylor Devices, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.60, inclusive. The reporting person undertakes to provide to Taylor Devices, Inc., any security holder of Taylor Devices, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

	/s/ Robert M. Carey	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Taylor Devices (TAYD) disclose in this Form 4?

Taylor Devices (TAYD) disclosed that director Robert Michael Carey sold 5,000 shares of Common Stock. The Form 4 shows two open-market sales on April 28, 2026, reported as direct ownership transactions at weighted average prices near the mid-$50s per share.

How many Taylor Devices (TAYD) shares did the director sell and at what prices?

The director sold 5,000 Taylor Devices (TAYD) Common Stock shares. One 3,445‑share block was sold at a weighted average price of $57.27, and another 1,555‑share block at a weighted average price of $55.52, with each block consisting of multiple individual trades.

Were the Taylor Devices (TAYD) insider sales single trades or multiple trades?

Each reported Taylor Devices (TAYD) sale represents multiple trades. Footnotes state the prices are weighted averages for transactions executed within ranges of $57.00–$57.30 and $55.00–$55.60, and that detailed trade-by-trade price information is available upon request from the reporting person.

What type of transaction code is used in the Taylor Devices (TAYD) Form 4?

The Taylor Devices (TAYD) Form 4 uses transaction code “S,” indicating an open-market or private sale. Both entries are classified as non-derivative transactions in Common Stock, reflecting straightforward stock sales rather than option exercises, gifts, or other derivative-related events.

Does the Taylor Devices (TAYD) Form 4 involve derivative securities or only common stock?

The Taylor Devices (TAYD) Form 4 involves only Common Stock transactions. The filing lists both entries as non-derivative securities, and the derivative section shows no remaining derivative positions, indicating these reported sales did not arise from option exercises or conversions.