TPCS Form 4: Director Acquires 10,000 Shares, Holds 364k Total
Walter Milton Schenker, a director of TechPrecision Corp (TPCS), filed a Form 4 disclosing purchases and holdings of the issuer's common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Walter Milton Schenker, a director of TechPrecision Corp (TPCS), filed a Form 4 disclosing purchases and holdings of the issuer's common stock. On 09/26/2025 he acquired 10,000 shares reported as a direct acquisition at a recorded price of $0, bringing his direct beneficial ownership to 63,220 shares. In addition, he reports indirect ownership of 300,902 shares held by MAZ Partners LP, of which MAZ Capital Advisors, LLC is the general partner and Mr. Schenker is the sole member and manager.
The filing includes an explanatory statement that Mr. Schenker disclaims beneficial ownership of the shares held by MAZ Partners LP except to the extent of his pecuniary interest. The Form is signed and dated 09/30/2025.
Positive
- Acquisition disclosed: Director acquired 10,000 shares on 09/26/2025, increasing direct ownership to 63,220 shares.
- Clear indirect holdings: Reporting person discloses 300,902 shares held by MAZ Partners LP with an explanatory ownership structure.
Negative
- None.
Insights
TL;DR: Director acquired 10,000 shares and holds meaningful indirect and direct positions; transaction recorded at $0.
The reported direct purchase of 10,000 shares increases the director's stake to 63,220 shares, with a larger indirect position of 300,902 shares via MAZ Partners LP. The listing of a $0 price is notable as a reporting detail but the form provides no explanation of the consideration or mechanics of the transfer. All holdings and the relationship between the reporting person and MAZ entities are disclosed, consistent with Section 16 reporting requirements.
TL;DR: Disclosure shows director-level ownership and indirect holdings through affiliated investment vehicles; disclaimers included.
The filing clearly identifies the reporting person as a director and explains the indirect ownership structure: MAZ Capital Advisors, LLC as general partner of MAZ Partners LP and Mr. Schenker as its sole member and manager. The standard disclaimer limiting claimed beneficial ownership is present. The document is a routine Section 16 disclosure and contains a manual signature dated 09/30/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. MAZ Capital Advisors, LLC is the General Partner of MAZ Partners LP, and the reporting person is the sole member and manager of MAZ Capital Advisors, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
FAQ
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What transaction did Walter Milton Schenker report on Form 4 for TPCS?
What relationship does the reporting person have with TechPrecision Corp (TPCS)?
When was the Form 4 signed?
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