TechPrecision (TPCS) Director Reports 10,000-Share Acquisition
Rhea-AI Filing Summary
Andrew A. Levy, a director of TechPrecision Corp (TPCS), reported acquiring 10,000 shares of the issuer's common stock on 09/26/2025 at a reported price of $0. After the transaction he beneficially owned 396,918 shares as a direct owner. The filing is a Form 4 disclosure of a change in beneficial ownership and is signed by the reporting person on 09/30/2025.
Positive
- Director reported an acquisition of 10,000 common shares on 09/26/2025
- Post-transaction direct beneficial ownership increased to 396,918 shares
- Form 4 is signed by the reporting person (09/30/2025), showing completion of required disclosure
Negative
- None.
Insights
TL;DR: Director acquired 10,000 common shares, raising direct beneficial ownership to 396,918 shares.
The Form 4 shows a non-derivative acquisition of 10,000 common shares on 09/26/2025 with a reported price of $0 and resulting direct beneficial ownership of 396,918 shares. This is a routine Section 16 disclosure of an insider transaction. The filing contains the key fields required: reporting person, transaction date, amount acquired, post-transaction holdings, and signature date.
TL;DR: Properly executed Form 4 reporting a director's share acquisition and updated ownership totals.
The document is formatted as a standard Form 4 and is signed by the reporting person. It identifies the reporting person as a director and specifies the transaction as an acquisition of common stock. The reported $0 price is stated in the form; the filing does not provide additional context for the price. The disclosure meets the basic requirements for timeliness and content on its face.