TechPrecision director granted stock awards
Straus Robert D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Straus Robert D reported acquisition or exercise transactions in this Form 4 filing.
TechPrecision Corporation director Robert D. Straus reported stock-based compensation awards rather than open-market trades. On March 6, 2026, he received two grants of Common Stock totaling 16,168 shares. One award covers 12,228 shares of restricted stock that will fully vest on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for serving as an independent director for the 2025 service period. Following these grants, Straus directly holds 229,889 TechPrecision shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,228 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,940 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Reporting Person received an award of 12,228 shares of restricted stock on March 6, 2026, which, subject to the conditions of the award, will vest in its entirety on October 28, 2026.
- F2. This stock grant was issued in lieu of 50% of the annual cash fee payable to the Reporting Person for service as an independent director of TechPrecision Corporation for the 2025 service period.
FAQ
What insider transaction did TechPrecision (TPCS) report for Robert D. Straus?
Why did TechPrecision (TPCS) issue restricted stock to Robert D. Straus instead of cash?
Are Robert D. Straus’s TechPrecision (TPCS) stock grants open-market purchases?
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