[Form 4] Servotronics, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Servotronics, Inc. (SVT) Form 4 – insider disposal related to pending merger

Director Karen L. Howard reported the cash disposal of her entire equity position in Servotronics on 01 July 2025. Two transactions were disclosed:

• 6,465 common shares tendered and exchanged for $47.00 per share under the Agreement and Plan of Merger with TransDigm Inc. (Transaction code “U”).
• 536 restricted shares that vested upon the change-in-control were simultaneously converted to cash at the same $47.00 consideration (Transaction code “D”).

Following these actions, the reporting person now holds 0 SVT shares (direct or indirect). The filing confirms that stockholders who validly tendered—or whose shares were cancelled at closing—will receive the all-cash consideration of $47.00, subject to standard tax withholding.

No derivative securities were reported. The Form 4 reinforces that the cash tender offer has progressed to the “Acceptance Time,” signalling practical completion of the TransDigm acquisition of Servotronics.

Positive

• Cash consideration confirmed at $47.00 per share, consistent with previously announced merger terms, reducing residual deal-risk for shareholders.

Negative

• Insider ownership falls to zero, removing director equity alignment with the company post-transaction.

Insights

Equity Research Analyst

TL;DR Director divests entire 7,001-share stake at $47 as TransDigm cash deal closes; confirms zero remaining insider ownership.

The disposition is entirely deal-driven; there is no discretionary selling pressure. It confirms the merger consideration and indicates the closing mechanics have occurred. For minority shareholders, the $47 cash price had been pre-announced, so market impact is muted, yet the event eliminates deal-completion risk. Insider alignment ceases post-closing, but holders are set to receive the same payout. Overall impact is neutral, with modestly positive confirmation of cash delivery.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Marks Christopher M

(Last) (First) (Middle)

C/O SERVOTRONICS, INC.

1110 MAPLE STREET

(Street)

ELMA NY 14059

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SERVOTRONICS INC /DE/ [ SVT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		U		15,500	D	(1)	536	D
Common Stock	07/01/2025		D		536	D	(2)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 18, 2025, by and among Servotronics, Inc., TransDigm Inc. and TDG Rise Merger Sub, Inc., as amended by Amendment No. 1 thereto dated May 28, 2025 (as amended, the "Merger Agreement"), the reported securities were tendered prior to the Expiration Date (as defined in the Merger Agreement) and disposed of at the Acceptance Time (as defined in the Merger Agreement) in exchange for $47.00 per share, payable in cash at closing, without interest and subject to reduction for any applicable withholding of taxes (the "Offer Consideration").

2. Pursuant to the Merger Agreement, each share of the Issuer's Common Stock not previously tendered by the Reporting Person was cancelled and converted into the right to receive an amount in cash equal to the Offer Consideration. The reported securities consists of shares of restricted stock that were previously awarded to the Reporting Person that vested on July 1, 2025 upon a Change in Control (as defined in the Servotronics, Inc. 2022 Equity Incentive Plan).

	/s/ Michael C. Donlon, attorney-in-fact for Christopher M. Marks	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many Servotronics (SVT) shares did Director Karen L. Howard sell?

She disposed of 7,001 shares (6,465 common + 536 restricted) on 01 Jul 2025.

What price did the shares receive in the Form 4 transaction?

Each share was exchanged for $47.00 in cash under the TransDigm merger agreement.

Does the director still own any SVT stock after this filing?

No. The Form 4 lists 0 shares beneficially owned following the reported transactions.

What event triggered these share disposals?

The transactions occurred at the Acceptance Time of Servotronics’ cash merger with TransDigm Inc., constituting a change in control.

Were any derivative securities (options, warrants) reported?

No derivative securities were acquired or disposed; Table II is blank.