Johnsen Karl E 4

What Happened Johnsen Karl E, a director of InTest Corporation (INTT), was granted two awards on 2026-06-17 totaling 18,000 restricted shares: 6,000 shares and 12,000 shares, each reported at $0.00 acquisition price (no cash paid). These are equity awards (grant/award, code A) rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-06-17; filing date (Form 4): 2026-06-22 (appears filed late — Form 4s are generally due within two business days).
• Grants: 6,000 shares @ $0.00 and 12,000 shares @ $0.00 (total 18,000 restricted shares).
• Shares owned after transaction: Not disclosed in the provided filing.
• Plan: Awards granted pursuant to the InTest Corporation 2023 Stock Incentive Plan.
• Vesting (from filing footnotes):
  • F1 (6,000 shares): vest in two equal increments on Sept 30, 2026 and Dec 31, 2026.
  • F2 (12,000 shares): vest in four equal increments annually commencing June 17, 2027.

Context Restricted-share awards to directors are typically part of compensation to align interests with shareholders; they do not represent an immediate purchase or sale and vest over time per the noted schedule. Because no cash was paid, and vesting delays transferability, these grants are not a direct market buy signal. The late filing reduces the timeliness of this disclosure for investors.