Sono-Tek (SOTK) director buys 2,400 shares and surrenders options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sono-Tek Corp director Lawal Adeniyi reported two related transactions. He bought 2,400 shares of common stock at $4.12 per share in an open-market purchase and simultaneously disposed of 2,400 stock options back to the company at the same price. Following these moves, he holds 2,400 common shares directly and 9,951 options on Sono-Tek stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,400 shares ($9,888)
Net Buy
2 txns
Insider
Lawal Adeniyi
Role
Director
Bought
2,400 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Sono-Tek Options | 2,400 | $4.12 | $10K |
| Purchase | Common Stock | 2,400 | $4.12 | $10K |
Holdings After Transaction:
Sono-Tek Options — 9,951 shares (Direct);
Common Stock — 2,400 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did Lawal Adeniyi report at SONO TEK CORP (SOTK)?
Lawal Adeniyi reported buying 2,400 shares of Sono-Tek common stock at $4.12 per share and disposing of 2,400 stock options back to the company at the same price in a paired transaction.
Did the Sono-Tek (SOTK) director buy or sell common stock in this Form 4?
The Sono-Tek director bought 2,400 shares of common stock in an open-market purchase at $4.12 per share. There were no reported open-market sales of common stock in this filing, only an option disposition to the issuer.
What happened to Lawal Adeniyi’s Sono-Tek stock options in this Form 4 filing?
He disposed of 2,400 Sono-Tek stock options back to the issuer at $4.12 per option. These options were tied to 2,400 underlying common shares, and 9,951 options remain reported as held following the transaction.