Sono-Tek (SOTK) CFO Stephen Bagley Receives Award of 7,205 Shares
$SOTK · SONO TEK CORPResearch Summary
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Sono-Tek (SOTK) CFO Stephen Bagley Receives Award of 7,205 Shares
What Happened Stephen James Bagley, Chief Financial Officer of Sono-Tek Corp (SOTK), was granted 7,205 shares classified as a derivative acquisition on August 20, 2026. The grant is reported at an acquisition price of $5.35 per share for a total value of $38,547. This transaction is recorded as an award/grant (transaction code "A"), which increases his equity stake rather than representing a sale.
Key Details
- Transaction date: 2026-08-20; filing date: 2026-08-24 (filed within the required two business days).
- Shares granted: 7,205 at $5.35 per share; total reported value $38,547.
- Transaction type: Grant / award (derivative acquisition).
- Shares owned after transaction: Not specified in the summary provided — check the full Form 4 for post-transaction holdings.
- Footnotes/plan details: The filing classifies this as a derivative award but does not specify the plan or vesting in the provided summary.
Context This was a company grant/award to an executive (common for compensation or retention) rather than an open-market purchase or sale. For derivative awards, review the full Form 4 or company disclosures to confirm whether shares are vested immediately, subject to vesting, or tied to performance metrics — those details affect how quickly the insider can sell or control the shares.