PALUMBO JOHN M 4/A
4/A · Omnitek Engineering Corp · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Omnitek (OMTK) Director John Palumbo Disposes 50,000 Shares
What Happened
- John M. Palumbo, a director of Omnitek Engineering Corp. (OMTK), reported that a short derivative position expired on January 26, 2026. The expiration is recorded as a disposition of 50,000 shares at $0.09 per share, totaling $4,500. This filing is an amendment (Amended Form 4) submitted on January 28, 2026.
Key Details
- Transaction date: 2026-01-26
- Transaction type/code: Expiration of short derivative position (E) — reported as a disposition
- Shares disposed: 50,000 at $0.09 per share; total reported value $4,500
- Shares owned after transaction: Not specified in the provided filing details
- Filing status: Amended Form 4 filed 2026-01-28 (check the amended filing for corrections/clarifications)
Context
- "E" indicates a short derivative instrument expired; the filing treats that expiration as a disposition of the related shares. This is not a straightforward open-market sale or purchase; it reflects the end of a derivative position.
- The dollar amount is relatively small ($4,500). As with all insider activity, this single derivative expiration should be viewed as one data point — not proof of a change in the director’s view of the company. Consider reviewing the full amended Form 4 for any footnotes or related details.
Insider Transaction Report
Form 4/AAmended
PALUMBO JOHN M
Director
Transactions
- Expiration
Stock Option
2026-01-26$0.09/sh−50,000$4,500→ 300,000 totalExercise: $0.09From: 2019-01-16Exp: 2026-01-26→ Common Stock (50,000 underlying)
Holdings
- 149,820
Common Stock
- 300,000
Stock Option
Exercise: $0.06From: 2020-03-27Exp: 2027-03-26→ Common Stock (50,000 underlying) - 300,000
Stock Option
Exercise: $0.10From: 2021-03-10Exp: 2028-03-09→ Common Stock (50,000 underlying) - 300,000
Stock Option
Exercise: $0.05From: 2022-04-18Exp: 2029-04-17→ Common Stock (50,000 underlying) - 300,000
Stock Option
Exercise: $0.04From: 2023-04-18Exp: 2030-04-17→ Common Stock (50,000 underlying) - 300,000
Stock Option
Exercise: $0.02From: 2024-04-25Exp: 2031-04-24→ Common Stock (50,000 underlying) - 300,000
Stock Option
Exercise: $0.02From: 2025-04-24Exp: 2032-04-23→ Common Stock (50,000 underlying)
Signature
John P. Palumbo|2026-01-28