Universal Safety Products discloses 25,000 director options at $3.40
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Safety Products (UUU) filed a Form 4 reporting a director’s stock option grant tied to stockholder approval. The filing shows 25,000 stock options with an exercise price of $3.40, granted on August 27, 2025, and vesting on October 20, 2025, the date stockholders approved the grant.
The options become exercisable once the NYSE American approves the supplemental listing application for the underlying shares, and they expire on 08/26/2035. Following the reported transaction, the director holds 25,000 derivative securities with direct ownership. The earliest transaction date reported is 10/20/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bormel Ira
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 25,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 25,000 shares (Direct)
Footnotes (1)
- The stock options (the "Options") were granted on August 27, 2025, subject to stockholder approval. The Options vested on October 20, 2025, the date of stockholder approval. The Options are exercisable as soon as the NYSE American approves the supplemental listing application relating to the issuance of the common stock underlying the Options.
FAQ
What insider activity did UUU disclose on Form 4?
A director received 25,000 stock options at an exercise price of $3.40.
When did the UUU options vest?
They vested on October 20, 2025, the date stockholders approved the grant.
When do the UUU options become exercisable?
They are exercisable once the NYSE American approves the supplemental listing application for the underlying shares.
What is the expiration date of the UUU options?
The options expire on 08/26/2035.
What ownership form is reported for the UUU options?
The filing lists direct ownership of 25,000 derivative securities after the transaction.
What is the earliest transaction date on the UUU Form 4?
The earliest transaction date is 10/20/2025.