Omnitek Engineering Corp: director John M Palumbo sold 300,000 shares

What happened

• John M Palumbo, director, reported expiration of long derivative positions (H) that resulted in the disposition of 300,000 shares in six tranches of 50,000 shares each, with reported proceeds totaling $14,510.

Key details

• Transaction date and prices:
  • Sep 29, 2026: 50,000 shares at $0.06, proceeds $3,000 (expiration of long derivative position (H)).
  • Sep 29, 2026: 50,000 shares at $0.10, proceeds $5,250 (expiration of long derivative position (H)).
  • Sep 29, 2026: 50,000 shares at $0.05, proceeds $2,655 (expiration of long derivative position (H)).
  • Sep 29, 2026: 50,000 shares at $0.04, proceeds $1,805 (expiration of long derivative position (H)).
  • Sep 29, 2026: 50,000 shares at $0.02, proceeds $800 (expiration of long derivative position (H)).
  • Sep 29, 2026: 50,000 shares at $0.02, proceeds $1,000 (expiration of long derivative position (H)).
• Total disposed: 300,000 shares for total reported proceeds of $14,510.
• Shares owned after the transaction: not reported in the filing.
• Filing date: Oct 05, 2026. Period of report: Sep 29, 2026.
• Transaction type: derivative expirations reported under code (H).

Why it may matter

• These were expirations of long derivative positions (H) that resulted in dispositions of shares.
• This filing does not show why the insider traded or why the company acted.